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After Brexit, Draghi faces oil hurdle on path to higher inflation

Brent crude has fallen more than 13% since the June 23 referendum, casting shadow over expected rise in inflation

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IN SAFE HANDS? With growth not strong enough to generate price pressures, Mr Draghi may have to revise his inflation outlook yet again.

Frankfurt

WHENEVER Mario Draghi clears a hurdle on his path to higher inflation, a new one appears.

Just as the 19-nation economy sends encouraging signals that challenges from Brexit to terrorism won't derail the modest recovery, a new decline in oil prices is casting a shadow

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