Mario Draghi

Mario Draghi was right in keeping inflation expectations low

Mario Draghi was right in keeping inflation expectations low

The European Central Bank’s president, Mario Draghi, kept expectations for the rate of inflation during this summer low, and data collected during the month of July has proved him right.

Growth of consumer price in the euro zone was recorded at 1.3 per cent, which is enough to argue that risk of deflation has disappeared but it is too little to meet Draghi’s goal of just under 2 per cent.

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Greece to Stick to Eurozone or Find the Exit Door?

Greece to Stick to Eurozone or Find the Exit Door?

Due to the economic woes of some member nations, eurozone leaders have been involved in tough negotiations. The news also led to mounting anxiety among investors as there is a risk of Greece leaving the European Union.

Just two weeks ago when the president of ECB, the European Central Bank Mario Draghi announced measures of quantitative easing, the markets went ecstatic at the news. After that, it was time for mounting tension with the elections in Greece.

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Draghi says Inflation Expectations Deteriorated across Euro Area

Draghi says Inflation Expectations Deteriorated across Euro Area

According to Mario Draghi, inflation expectations have gone down across the euro area. Draghi has passed signals that policy makers are all set to add fresh monetary stimulus.

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