We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The last trump

7 November 2013 By Neil Unmack

The ECB head announced a rate cut a month earlier than expected. It won’t work miracles, but might fend off deflation. With traditional monetary tools near exhausted, Draghi will hope for a calm 2014. If it isn’t, his talent for activist policymaking will face more severe tests.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)