Draghi seen ready for one more QE sprint in ECB stimulus finale
Economists expect continued asset purchases at current pace of 80b euros a month followed by tapering in late 2017
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Frankfurt
THE jolt Mario Draghi is set to give the euro-area economy may well be his last, economists say.
The European Central Bank president will announce an extension of asset purchases on Thursday at the current pace of 80 billion euros (S$129 billion) a month, according to most economists in a Bloomberg survey. Slowly accelerating inflation and a moderate but steady recovery will then give Mr Draghi room to start tapering by late 2017, three quarters of the respondents said.
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