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Indonesia Defers Short-Selling Amid High Stock Volatility

(Bloomberg) -- Indonesia’s financial regulator will defer short-selling of stocks by investors amid heightened volatility in the nation’s equity markets.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record DelaysThe nation

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that's still struggling to show robust growth. The February figure for the 20 countries that use the euro currency was down from 2.5% in January as energy inflation dwindled and major economy France saw a rate of only 0.9%, the European Union's statistical agency Eurostat reported Monday. The lower consumer price inflation figure supports the view that the ECB is succeeding in its battle to get inflation back to its target of 2% and can focus on supporting tepid growth.