FRANKFURT, Aug 14 (Reuters): Eurozone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank (ECB) indicated on Thursday, darkening the eurozone's economic outlook.
The quarterly Survey of Professional Forecasters (SPF) also suggested that this year's eurozone growth would be weaker than previously expected, adding to the bloc's woes after the German economy shrank in the second quarter and France stagnated.
The survey raises fresh questions about the ECB's threshold for embarking on a policy of quantitative easing (QE) - essentially, printing money to buy assets.
A Reuters poll of economists conducted on Aug. 7-12 pointed to a one-in-three chance of the ECB embarking on such an asset purchase programme in 2015.
Last week, ECB President Mario Draghi told his monthly news conference that the bank's policymaking Governing Council was "unanimous in its commitment" to use measures including QE if its medium-term outlook for inflation were to change.
ECB survey points to weaker inflation this year, next
FE Team | Published: August 15, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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