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Draghi Stokes Speculation ECB Set to Intensify Stimulus: Economy

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Mario Draghi is stoking investor speculation that he’ll intensify stimulus for the euro area after indicating he has the backing of policy makers to do so.

With the European Central Bank president downplaying dissent in his Governing Council, preparations for more expansive action and a 1 trillion euro ($1.2 trillion) target for boosting the balance sheet suggest momentum is shifting toward a proposal for broader bond-buying, perhaps in December.