Economics
ECB Confronts Weaker Economy, Stronger Euro: Decision Day Guide
- Officials gather for the first time since the summer break
- Bond-buying stimulus expected to be raised later this year
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European Central Bank President Christine Lagarde will have to walk a fine line on Thursday as she portrays a euro-area economy that’s recovering as hoped from the coronavirus pandemic yet still in need of massive support.
While new economic projections will confirm that the worst downside risks haven’t materialized, they’ll still be bleak and subject to high uncertainty. Lagarde also now has to deal with a stronger euro that could hamper the upturn.