Eurozone inflation remains in Draghi's "danger zone."

Eurozone inflation has held steady at 0.8% on year in February, but remains below what European Central Bank President Mario Draghi has called a "danger zone" of below 1%. Draghi yesterday warned of inflation getting stuck in that zone, although he repeated his assertion that there is no deflation. Meanwhile, eurozone unemployment held steady at 12% in January, as expected.