Draghi may have his way with QE early next year

Frankfurt

FROM his office on the 41st floor of the gleaming new European Central Bank (ECB) headquarters, Mario Draghi's view stretches far beyond Frankfurt's high-rise financial centre and he doesn't like what he sees.

The darkening outlook for the eurozone's flat and nearly inflation-less economy, exacerbated by tumbling oil prices, is driving him inexorably towards radical action.