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No sooner will Mario Draghi return from his summer vacation than he’ll be looking to boost euro-area stimulus yet again, economists predict.

Despite unprecedented measures by the European Central Bank president so far, Bloomberg’s survey of 47 analysts who cover the institution showed more than 60 percent think he isn’t yet done. The most likely date for fresh action was put as the Sept. 8 policy meeting, though some predicted it could happen as early as June. No new stimulus is expected when officials meet this Thursday.

Economists saw little scope for much more in rate cuts though. Most agreed with the Governing Council’s view that the effective lower bound for the deposit rate will soon be reached. The analysts put that limit at minus 0.5 percent and 62 percent said if the ECB does reduce the rate again, the central bank will introduce an exemption system to mitigate the impact on the banking system. The benchmark rate, now at zero, can’t be cut any lower, the survey showed.

Reference: Bloomberg

Read More: http://www.bloomberg.com/news/articles/2016-04-18/draghi-seen-putting-ecb-stimulus-back-on-agenda-after-summer