Draghi has come under pressure recently to make cheaper credit available to households and businesses to boost growth in the 18-member currency zone.
In the last quarter, eurozone GDP growth stumbled to just 0.2% and only avoided a contraction thanks to a strong performance by
Still, the markets believe that where there is Draghi, there is hope. They are in thrall of the Italian, whose knack of being able to play Jedi mind-tricks compensates for the few tools at his disposal. Draghi said: "If required, we will act swiftly with further monetary policy easing . . . Are we finished here? The answer is no."
Draghi still has the markets in his thrall.
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