The European Central Bank is widely expected to deliver a new stimulus package in a bid to boost inflation at its policy meeting on September 12.
President Mario Draghi is likely to announce a rate cut and the resumption of net asset purchases, analysts tell Central Banking.
This decision may very well be Draghi’s last meaningful policy announcement in his eventful eight-year term. On November 1, Christine Lagarde is due to replace him at the ECB’s helm.
However, several members of the