FRANKFURT: Mario Draghi (pic) is entering the final three months of his European Central Bank presidency with a plan that will see his influence linger well after he’s replaced by Christine Lagarde.
The ECB chief will this week lead a policy meeting that’s widely expected to set the stage for a September interest-rate cut and a possible resumption of quantitative easing. His staff have also started work on a potential revamp of the inflation goal in a move that could make it easier to pursue monetary stimulus for longer.