Daily Archives: September 3, 2014

ECB

THINGS TO LOOK OUT FOR AT THURSDAY’S ECB MEETING

Mario Draghi has set the bar high for the European Central Bank’s next meeting Thursday.

The bank president’s warning about reduced inflation expectations, made in a speech on Aug. 22, fanned hopes that the ECB may announce additional stimulus measures to boost economic growth and prices.

A report Friday showing annual eurozone inflation weakened to 0.3% in August, well below the ECB’s 2% target, raised fears that Europe is sliding toward deflation.

But Mr. Draghi faces some complicated choices. Interest rates are at record lows. Quantitative easing is highly controversial. And new four-year loans to banks are due this month, meaning there is already stimulus in the pipeline.

Here are five things to watch on Thursday.

http://blogs.wsj.com/briefly/2014/09/02/5-things-to-look-out-for-at-thursdays-ecb-meeting/

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