Draghi Quest to Reach QE Consensus Starts With Asset Choice
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For Mario Draghi to start quantitative easing, he still has to nail down what action to take, let alone if and when.
With a newly drafted stimulus shopping list likely to include bonds issued by companies, European agencies and governments, the European Central Bank president is corralling his colleagues on an asset-buying strategy. Speeches by Draghi in Helsinki today cap a week of positioning from policy makers still at odds on how to respond to feeble inflation.