Philippe Gudin

Draghi nudges ECB toward bond buying on deflation risk

Published by Kathimerini on Mon, 08/25/2014 - 13:37

By Simon Kennedy & Alessandro Speciale

Mario Draghi just pushed the European Central Bank closer to quantitative easing.

With euro-area data this week likely to show the weakest inflation since 2009, the ECB president used the high-powered central-banking conference in Jackson Hole, Wyoming, to warn that investor bets on prices have “exhibited significant declines.”