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ECB's Draghi denied grand finale as economy weakens and dissent grows
Mario Draghi may be the man who saved the euro but his last press conference as President of the European Central Bank on Thursday is unlikely to be the grand finale he was hoping for. Inflation in the euro zone languishes at less than half the ECB’s target, the economic outlook is darkening again and support for Draghi’s brand of aggressive money printing has never been lower among rate-setters. All that is taking the shine off an eight-year reign that had its climax when Draghi single-handedly averted a collapse of the euro in 2012 with a pledge to do “whatever it takes” to preserve the currency - code for ... (full story)
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