The ECB president and his colleagues have unleashed significant stimulus to reignite price growth in the euro zone at 10 of the 47 monetary-policy meetings since he took the helm, only to see the region slapped as recently as last week with a negative inflation rate. For this week’s decision, economists in a Bloomberg survey are nearly unanimous in predicting action, and the good news for Draghi is that most say it’ll be enough.
Source: Bloomberg (7 March 2016)