Eurozone headline inflation hit two percent today, and that has the inflation hawks in Germany screaming.

Yet, ECB president Mario Draghi has promised to maintain QE asset purchases, and Italy has no other real buyer for its bonds.

What's Draghi to do?

Headline Inflation Hits Two Percent

A milestone.

Annual inflation in the eurozone accelerated to hit 2 per cent for the first time since January 2013 last month, underscoring a sharp rise in prices driven by higher energy costs in the single currency area.