Europe’s Future Central Bankers Confront Draghi’s Policy Dilemma

Europe’s Future Central Bankers Confront Draghi’s Policy Dilemma

Simon Dawson/Bloomberg

Economists have brought forward expectations for lower interest rates after European Central Bank president Mario Draghi said on April 4 that the ECB “stands ready to act,” with 11 of 37 respondents in a Bloomberg News survey anticipating a cut in the second quarter.