ECB to fend off calls to end bond-buying

FRANKFURT: Mounting positive signals from the economy won’t put the European Central Bank off massive monetary stimulus Thursday, analysts predict, with policymakers preferring to wait for calmer political waters and fresh data before acting.

Faced with continuing political uncertainty and weak inflation, policymakers are unlikely to turn off the taps on mass bond-buying or raise interest rates from historic lows, fearing that doing so would risk nipping the eurozone economic recovery in the bud.