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Buoyed by QE's debut, ECB meets this week

Analysts don't expect any premature tapering; some worry euro's weakness could propel inflation beyond the target

Published Sun, Apr 12, 2015 · 09:50 PM
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Berlin

THE European Central Bank's decision makers meet on Wednesday buoyed by the successful debut of a mass bond-buying spree designed to kickstart growth and will likely quash talk of it wrapping up early.

Analysts say ECB chief Mario Draghi is expected to give short shrift to any suggestion of a premature end to the quantitative easing (QE) programme, the long-awaited and controversial gambit launched by the central bank last month.

Amid ongoing uncertainty about cash-strapped Greece, the first volley of the ECB's 1.1-trillion-euro (S$1.60 trillion) scheme offered some …

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