Mario Draghi is on his final stretch, and it’s not an easy road to travel.
The European Central Bank (ECB) president will chair a decisive governing council meeting next week, barely a month and a half before he hands over the reins to Christine Lagarde, the current chief of the International Monetary Fund. The ECB will almost certainly announce a hefty stimulus package on Thursday, including rate cuts, to try to lift dwindling inflation back toward the central bank’s target of just below 2%.
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