Rate cut, more stimulus in store at ECB meet: analysts

Berlin

THE ECB will roll out its big guns at its monetary policy meeting this week, ramping up its trillion-euro asset purchases and cutting key rates to hike weak inflation, analysts said.

Fed up with an inflation rate that is stubbornly far below the target of close to 2.0 per cent, European Central Bank chief Mario Draghi has in recent weeks multiplied pledges to "do what we must" to lift consumer prices in the 19-member eurozone.

In what was viewed as an attempt to lay out his case for more stimulus, Mr Draghi also presented a morose…