European Central Bank manages stimulus expectations
FRANKFURT, Germany – Investors will sift European Central Bank head Mario Draghi's remarks on Thursday for clues about a possible extension of its 1.74 trillion euro ($1.91 trillion) bond-buying stimulus program.
Most analysts seem to think that while the ECB will keep its policies on hold at its meeting, Draghi will leave open the possibility of an extension to the bank's bond-buying program, which is meant to increase lending, growth and inflation.
They think the ECB will wait at least until December's meeting to make any decision on the program's future.
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