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Why ‘aggressive’ ECB easing on Thursday now looks like a done deal

From marketwatch.com

The signs could not be clearer: The European Central Bank is almost certainly going to boost its easing program on Thursday, in its continuing battle to fight off concerns about deflation in the eurozone. Expectations of further economic stimulus from the hands of ECB President Mario Draghi & Co. have been high ever since the bank’s October meeting. But the disappointing 0.1% flash reading of November inflation out on Wednesday served to erase any doubts the big easing bazooka is going to get even bigger. The print was below consensus estimates of 0.2% and remained far below the central bank’s target of below, but ... (full story)

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