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Draghi's last stretch of QE weighed down by bleak outlook

With no clear signs of a pickup in inflation, policy makers are committed to spending money on debt

European Central Bank president Mario Draghi (seated centre, on stage) and vice-president Vitor Constancio (left) with the media at the ECB headquarters in Frankfurt on Thursday. He has been deliberately vague about the pace and the timing of the start of QE.


FOR Mario Draghi, the last mile may feel like the longest one.

After four years of unconventional policy and a recovery that is growing stronger by the day, the goal of the president of the European Central Bank (ECB) - bringing back...

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