-
Bank on 'Super Mario' to give Europe a monetary jolt
From his office on the 41st floor of the gleaming new European Central Bank headquarters, Mario Draghi's view stretches far beyond Frankfurt's high-rise financial center and he doesn't like what he sees. The darkening outlook for the euro zone's flat and nearly inflation-less economy, exacerbated by tumbling oil prices, is driving him inexorably towards radical action. Bank on the ECB president to fight the risk of deflation with an expanded program of asset buying early next year, probably in March, despite deep misgivings in Germany's Bundesbank and from German public opinion. Draghi has worked for months to build ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 7, 2014 5:38pm Dec 7, 2014 5:38pm
- hunterjm
- | Joined Apr 2011 | Status: Member | 44 Comments
- Comment #2
- Quote
- Dec 7, 2014 7:02pm Dec 7, 2014 7:02pm
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4762 Comments
Carbon-Dioxide: the gas of life!
- Comment #3
- Quote
- Dec 7, 2014 7:42pm Dec 7, 2014 7:42pm
- Guest
- | IP XXX.XXX.20.143