Draghi’s First Good News in a Year Has $267 Billion Cost

Updated on
  • Bloomberg survey sees ECB inflation outlook stable or higher
  • Draghi holds press conference June 2 after ECB meets in Vienna

Mario Draghi, president of the European Central Bank

Photographer: Martin Leissl/Bloomberg

Mario Draghi may have bought himself a brief respite from the threat of deflation. The cost? More than a quarter of a trillion dollars.

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