Bloomberg survey: ECB tipped to expand its stimulus programme this Thursday

According to the latest Bloomberg Survey, the European Central Bank’s (ECB) is expected to introduce new easing measures at its policy meeting to be held on Thursday, Sept 8^th that could hurt the Euro.

Key findings from the survey:

“80% of economists expect President Mario Draghi and his team to lengthen quantitative easing for a second time.“

“That would take the asset-purchase programme beyond its current end-date of March 2017 and above the target of 1.7 trillion euros ($1.9 trillion).”

“A similar share predicts the ECB will tweak its purchasing rules to avoid running out of securities to buy.”