Economics
ECB to Judge If Trillion-Euro Stimulus Is Enough: Decision Guide
- Some expect increase in 750 billion-euro purchase plan today
- Lagarde set to assure investors ECB will do whatever is needed
This article is for subscribers only.
The European Central Bank will decide on Thursday if more than 1 trillion euros ($1.1 trillion) in asset purchases and a generous lending plan are enough to keep companies and households afloat during an historic slump.
Most economists predict the Governing Council will pause after a series of actions to support the economy since its last official meeting, to see whether governments can agree on comprehensive fiscal support. A minority including Goldman Sachs though expect a bump up in monetary stimulus immediately.