FRANKFURT: The European Central Bank (ECB) could announce on Thursday hundreds of billions of euros in new bond-buying to keep fighting the pandemic crisis, analysts predict, as EU governments prepare to wrangle for months over a joint response.
While some policymakers have urged abandoning the ECB’s self-imposed limits on buying government debt to stoke growth and inflation, the meeting is also the first since a ruling by Germany’s Constitutional Court urging restraint of the central bank’s powers.
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