Tepid inflation offers Draghi first clue for more stimulus
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
