Economics

Draghi May Have Italy Risk on His Mind With Fresh Stimulus

  • Outgoing head seems to aim at keeping home country afloat
  • A rate cut when unemployment low may seem surprising
JPMorgan AM Says Look to Periphery, High-Yield to Find Value in Europe Bonds
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Mario Draghi’s promise to add more stimulus unless the euro region’s economic outlook improves suggests he’s also concerned about a new crisis in countries such as Italy, according to Natixis chief economist Patrick Artus.