ECB set to boost QE purchases and extend duration of stimulus
Eurozone central bank is widely expected to increase emergency asset purchases by around €500 billion on December 10
The European Central Bank (ECB) is widely expected to deliver a hefty increase in its emergency asset purchases after its policy meeting on December 10.
Analysts agree the governing council will increase the €1.35 trillion ($1.63 trillion) Pandemic Emergency Purchase Programme (Pepp), most predicting a boost of around €500 billion. This would allow the central bank to extend the period of net purchases under this programme by one more year, until mid-2022.
Additionally, the central bank could
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