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Jumat, 29 Januari 2016

ECB members not united in Draghi's push for more stimulus - WSJ

Draghi may have bitten off more than he can chew

Draghi has a recurring problem with expectations.

For years, he expected inflation to rise towards target and was repeatedly let down. In December, he stoked expectations for large-scale ECB action and then under-delivered. He blamed that on unrealistic market expectations.





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