Five Questions for Mario Draghi on Inflation, the Euro and QE
- ECB announces interest-rate decision at 1:45 p.m. CET
- Draghi holds press conference near Valletta 45 minutes later
ECB President Mario Draghi
Photographer: Ralph Orlowski/BloombergThis article is for subscribers only.
Here are five things to watch for from European Central Bank President Mario Draghi on Thursday:
Consumer prices in the 19-nation currency bloc unexpectedly declined in September for the first time since the ECB started its 1.1 trillion-euro ($1.2 trillion) quantitative-easing program. In a sign that the renewed slump was driven by energy costs, core inflation remained unchanged at 0.9 percent. Gauges of underlying price pressures even point to a moderate revival in inflation.