World

European Central Bank to consider more stimulus amid global uncertainties, concern over euro

File - In this Tuesday, Feb. 24, 2015 file photo, Mario Draghi, the president of the European Central Bank, stands next to a copy of a 20 euro banknote in Frankfurt, Germany. On Thursday, Oct. 22, 2015, Draghi hinted that the bank may expand its monetary stimulus at its December meeting in order to shore up the ailing recovery in the 19-country eurozone. (AP Photo/Michael Probst, File)

File - In this Tuesday, Feb. 24, 2015 file photo, Mario Draghi, the president of the European Central Bank, stands next to a copy of a 20 euro banknote in Frankfurt, Germany. On Thursday, Oct. 22, 2015, Draghi hinted that the bank may expand its monetary stimulus at its December meeting in order to shore up the ailing recovery in the 19-country eurozone. (AP Photo/Michael Probst, File)  (The Associated Press)

The European Central Bank is expected to consider increasing its 1.1 trillion euro ($1.2 trillion) stimulus program at a meeting Thursday as uncertainties grow over the global economy and low inflation.

While no final decision is expected at this meeting, investors will pay close attention to ECB President Mario Draghi's news conference for hints on timing.

The ECB injects cash in the eurozone economy by buying bonds with newly created money. To provide more support to the economy and push up inflation, which is far too low at minus 0.1 percent, the ECB could extend the program beyond its September deadline or increase the overall size.

Among key concerns are a slowdown in China and developing economies as well as a rise in the euro in recent weeks.