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Here's What Wall Street Is Saying About the Latest ECB Decision

Extra stimulus on the way?

Mario Draghi doing the walk and talk. — Mario Draghi doing the walk and talk.
Photographer: Martin Leissl/Bloomberg

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September 3, 2015, 4:58 PM UTC

There may not have been glitter this time around, but there was still some excitement to be had at the latest European Central Bank press conference.

At Thursday's meeting, the ECB took a dovish tone, signaling it is able to increase stimulus to counter the risk of slower growth and inflation. As reported earlier by Bloomberg, policymakers lowered economic forecasts and raised the limit on bond purchases under their quantitative-easing program to 33 percent per issue from 25 percent previously.