Longer-term inflation expectations in the euro zone need to come unstuck for the...
FILE PHOTO: Vice-President of the European Central Bank Luis de Guindos listens during the news conference following the meeting of the Governing Council of the European Central Bank in Riga, Latvia June 14, 2018. REUTERS/Ints Kalnins/File Photo
With growth slowing and inflation staying well below the ECB’s target, the bank recently raised the prospect of even more stimulus, arguing that a rate cut or even more asset purchases may become necessary. With interest rates already at record lows and a 2.6 trillion euro bond purchase scheme ended just last year, analysts argue that the ECB has very little actual firepower left as its remaining tools lack significant potency.
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