Friday, 3 March 2017

Draghi’s Dilemma: Eurozone Inflation Hits 2% with Italy on Bond Life Support

MishTalk



Eurozone headline inflation hit two percent today, and that has the inflation hawks in Germany screaming.
Yet, ECB president Mario Draghi has promised to maintain QE asset purchases, and Italy has no other real buyer for its bonds.
What’s Draghi to do?

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