Economics
Draghi Seen Dispelling Duration Doubts About QE Program
ECB Chairman Mario Draghi.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
No sooner has he started than Mario Draghi is facing questions on how he plans to finish.
Six weeks into a 1.1 trillion-euro ($1.2 trillion) asset-buying plan to propel euro-area inflation out of the doldrums, the European Central Bank president is set to be asked at his regular press conference what happens if he succeeds before the provisional end-date of September 2016. His challenge is to show that policy makers are determined to cut off extraordinary support only when they’re sure the economy can stand on its own.