Draghi Signals ‘Worse and Worse’ Outlook Warrants ECB Stimulus

Mario Draghi, president of the European Central Bank (ECB), gestures while speaking during a rates decision news conference in Frankfurt, Germany. (Photographer: Alex Kraus/Bloomberg)

ECB Loads Up Stimulus Salvo as Draghi Laments Worsening Outlook

(Bloomberg) -- President Mario Draghi set the stage for his European Central Bank to deliver another round of monetary stimulus in September to combat the euro area’s severe economic slowdown.