Europe: Draghi's Deflation Defense
1 For more detail, see, for example, Paul Hannon and Brian Blackstone, “Euro-Zone Prices Under Pressure,” The Wall Street Journal, April 24, 2014, and Tommy Stubbington and James Ramage, “ECB Cuts Fail to Tame Strong Euro for Now,” The Wall Street Journal, June 6, 2014.
3 Data from Bloomberg.
4 Christopher Emsden, “Italy Sees Short-Term Pain Paying off Later in Growth,” The Wall Street Journal, April 9, 2014.
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