Opponents of ECB stimulus could lead to watered-down QE plan - InvestingChannel

Opponents of ECB stimulus could lead to watered-down QE plan

“The European Central Bank will announce further monetary easing on Thursday to fix the eurozone’s creaking economy, but German-led opposition threatens to limit its firepower, potentially disappointing some investors… Most of the governing council’s policymakers will support the charge led by ECB president Mario Draghi and his chief economist Peter Praet for an injection of fresh stimulus. But idiosyncrasies in voting rules and concerns that doing too much, too soon risks leaving the central bank out of options in the event of further economic deterioration could produce a less aggressive package than markets have priced in.”