Draghi Sets Clock Ticking for June Stimulus by ECB
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Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst.
Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after he lined up fresh monetary stimulus for June. Other potential measures include charging banks to park cash at the institution, loaning them more cheap money and a fresh push to revive lending.