An empty chair stands in the news conference room before the arrival of Mario Draghi, president of the European Central Bank (ECB), to announce the bank's interest rate decision at the ECB headquarters in Frankfurt, Germany, on Thursday, March 10, 2016. Draghi will unveil fresh economic projections that for the first time will extend to 2018, and oil's slump will likely lead to downward revisions from the December outlook when inflation was projected to average 1 percent this year and 1.6 percent in 2017. Photographer: Martin Leissl/Bloomberg via Getty Images