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ECB Set to Pump More Cash Into Virus-Hit Economy: Decision Guide

  • Emergency bond-buying, bank loans to be core stimulus tools
  • Central bank to publish its decision at 1:45 p.m. in Frankfurt
The European Central Bank (ECB) headquarters in Frankfurt, Germany.

The European Central Bank (ECB) headquarters in Frankfurt, Germany.

Photographer: Alex Kraus/Bloomberg
Updated on

The European Central Bank is poised to deliver another blast of monetary stimulus on Thursday to carry the euro area out of the pandemic crisis.

With new lockdowns hammering the economy, vaccines only just arriving, and Brexit talks on a knife-edge, policy makers are expected to add 500 billion euros ($605 billion) to their emergency bond-buying program and extend it until at least the end of 2021. Banks will likely be offered more ultra-cheap long-term loans.