Tepid inflation offers Draghi first clue for more stimulus
Frankfurt
MARIO Draghi is about to receive his first major clue of 2016 on whether the euro area needs more stimulus.
Inflation picked up to 0.4 per cent in January from 0.2 per cent the previous month, according to a Bloomberg survey before data due on Friday. While that would be the highest rate in 15 months, it's still only a fraction of the goal of just under 2 per cent - a target the European Central Bank (ECB) president hasn't met in nearly three years.
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