# Draghi leaves the ECB with inflation still below target

Date: 2019

On 31 October 2019 [Draghi](/people/mario-draghi) left office with euro-area inflation still undershooting 2 percent despite QE and negative rates. Undershoot is a measured monetary-policy result, not a crime.

## People

- Mario Draghi: https://factrail.ai/people/mario-draghi

## Drivers

- Cost-of-Living Pressure: https://factrail.ai/drivers/econ-cost-of-living-pressure

## Sources

- https://www.reuters.com/article/us-ecb-policy-draghi-idUSKBN1X31G4/
- https://www.ecb.europa.eu/press/pr/date/2019/html/ecb.mp191024~47160d8b23.en.html

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/ecb-inflation-undershoot