Economics
Draghi Drives ECB Toward Stimulus Even as Economy Grows
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The euro-area’s fastest economic growth in three years probably won’t be enough to stop Mario Draghi from easing monetary policy.
Even with data this week predicted to show the expansion accelerated in the first quarter, the European Central Bank president looks set to push ahead with measures that could range from rate cuts to liquidity injections. Inflation stuck at less than half the ECB’s goal points to a revival that is still too slow, according to economists from UniCredit SpA to UBS AG.