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Economists Poll Says One in Three Chance of ECB To Start QE

2024-12-24OANDAOANDA
* Less than one-in-three chance ECB starts quantitative easing * Economists who gave greater than 50 pct chance said ECB would start QE in next few months * 54 of 57 economists said euro zone inflation has troughed There is slightly less than a one-in-three chance the European Central Bank will start buying bonds outright […]

* Less than one-in-three chance ECB starts quantitative easing

* Economists who gave greater than 50 pct chance said ECB would start QE in next few months

* 54 of 57 economists said euro zone inflation has troughed

There is slightly less than a one-in-three chance the European Central Bank will start buying bonds outright as it struggles to lift dangerously low inflation and support a lacklustre economic recovery, a Reuters poll found.

The poll of 59 economists, taken this week, gave a median 30 percent chance the ECB would start a quantitative easing programme, about half a decade after the U.S. Federal Reserve and the Bank of England launched the same kind of stimulus.

That is above the median 18 percent chance given in a Reuters poll in January but less than the 40 percent likelihood money market traders saw in poll taken on Monday.

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