Draghi faces continued growth and inflation conundrum
Euro zone inflation hasn't hit its target since 2013
Gross domestic product numbers, in a newly-accelerated publication just one month after the first quarter ended, will coincide with the usual end-of-the-month inflation statistics to present a snapshot of what the European Central Bank president still has to achieve. It’s likely to show the euro zone has now completed a dozen quarters of consecutive growth – though that momentum isn’t strong enough to produce faster price gains.
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