Economics
Draghi Push for ECB Easing Intensifies Focus on ABS Plan
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Mario Draghi has once again primed investors for action.
Three months after announcing historic stimulus for the euro area, the European Central Bank president signaled more is needed amid mounting deflation risks and tensions with Russia. While most economists predict officials will keep interest rates on hold today and refrain from large-scale quantitative easing, banks from Commerzbank AG to Barclays Plc say Draghi may commit to buying asset-backed securities.