ECB set to tee up next stimulus move, say analysts
ECB chief Mario Draghi is likely to prep markets for an extension of a huge monetary stimulus programme Thursday after investors were rattled by talk that massive bond purchases may be drying up.
20.10.2016
(AFP) ECB chief Mario Draghi is likely to prep markets for an extension of a huge monetary stimulus programme Thursday after investors were rattled by talk that massive bond purchases may be drying up.
Policymakers at the European Central Bank are not expected to make changes to the bank's record low interest rates, cheap loans to banks, or 80-billion-euro-per-month asset-buying programme at this week's governing council meeting.