Economics
ECB Officials Fire First Shots in Debate on Future Stimulus
- Multiple policy makers warn of rising risk of deflation
- Estonian governor Muller says last week’s action may suffice
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European Central Bank policy makers tiptoed into a debate over whether they’ll need to boost monetary stimulus again, with one saying the latest increase may be enough.
Days after the ECB extended and almost doubled its emergency bond-buying program to 1.35 trillion euros ($1.53 trillion) to help fight the coronavirus crisis, economists and investors are largely predicting more will be needed.