ECB expected to cut rates and restart QE to boost inflation
But Draghi’s ambitious stimulus package faces growing opposition from governors in surplus countries
The European Central Bank is widely expected to deliver a new stimulus package in a bid to boost inflation at its policy meeting on September 12.
President Mario Draghi is likely to announce a rate cut and the resumption of net asset purchases, analysts tell Central Banking.
This decision may very well be Draghi’s last meaningful policy announcement in his eventful eight-year term. On November 1, Christine Lagarde is due to replace him at the ECB’s helm.
However, several members of the
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