Economics
Draghi Asset Plan Seen Falling Short as QE Bets Rise
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Mario Draghi’s latest strategy for the euro area is failing to win over economists.
More than 60 percent of the respondents in Bloomberg’s monthly survey say the European Central Bank president’s plan to steer its balance sheet toward early-2012 levels is set to fall short and a growing number predict he’ll resort to large-scale government-bond buying. Two-thirds are unhappy with the lack of details for an asset-purchase program that will start this month after the ECB declined to say how big it will be.