Draghi's 'Adequate' Stimulus Plan Seen Just Enough for Inflation
- Majority of economists say policy makers won't ease further
- Inflation will get back to 2% goal before Draghi retires
Mario Draghi, president of the European Central Bank.
Photographer: Martin Leissl/BloombergThis article is for subscribers only.
Mario Draghi’s message is starting to sink in.
After the European Central Bank president labeled a package of fresh stimulus an “adequate” response to increasing downside inflation risks, 60 percent of economists in a Bloomberg survey said he won’t have to announce further measures. Eighty-five percent of those polled said Draghi will bring price growth back in line with the ECB’s goal of just under 2 percent before his term ends in October 2019.