Bloomberg Mario Draghi stopped short of declaring that the European Central Bank will meet its inflation goal in 2020, signalling that the euro-area economy isn’t yet strong enough to warrant weaning off monetary stimulus. The ECB president unveiled updated economic projections that showed continued gro- wth over the next three years but only slowly improving consumer-price gains. Inflation will average …

Bloomberg Big euro-area lenders face a choice; clean up the complicated corporate structures that make them difficult to wind down in a crisis, or watch Elke Koenig do it for them. Koenig, head of the Brussels-based Single Resolution Board, said in an interview that streamlining banks’ architecture and ensuring they can fund their own demise without taxpayers’ help will be …

Bloomberg Bank of England policy makers said the breakthrough in Brexit negotiations this month could prove to be positive for the UK economy, which has lagged behind many of its international peers this year. Having long been criticised for being overly negative on the fallout from Brexit, the lat- est commentary from the central bank noted the recent progress in …