Draghi needs to perform juggling act in face of economic uncertainty


THE markets expect the European Central Bank (ECB) to widen negative interest rates, currently at -0.3 per cent. The bet is for at least a further -0.1 percentage point, while the ECB could accelerate quantitative easing (QE) by raising the monthly purchases of European bonds from 60 billion euros (S$91 billion) to 70 billion euros.

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