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ECB to Count Risks in Setting Bond-Buying Pace: Decision Guide
The European Central Bank will have to decide on Thursday whether the recovery is strong enough to warrant an imminent slowdown in monetary stimulus. Policy makers in Frankfurt are due to settle on how much bond buying the economy will need in the fourth quarter, weighing risks to the outlook such as the delta variant and supply-chain bottlenecks against data pointing to a robust rebound in the 19-nation euro region. Their conclusion will also be based on a new set of economic projections, which are likely to confirm that the latest surge in euro-area inflation to a 10-year high is temporary -- even as underlying ... (full story)
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