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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

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


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