Eurozone consumers can count on the European Central Bank's main interest rate staying at 1.0 percent this week, but tight credit could throttle the chances of a stout economic recovery, analysts say.
The ECB "is biding its time for now, hoping that its generous liquidity provision will achieve the desired boost to commercial bank lending," Capital Economics economist Jennifer McKeown said.
In late June, the central bank lent commercial banks more than 440 billion euros (620 billion dollars) for a year, and has urged them to share the windfall with the wider economy.
But the ECB's latest bank lending survey showed banks are still tightening loan standards owing mainly to poor economic prospects for businesses, even though the number of banks doing so has dropped sharply.
In Britain, the Bank of England is expected to keep its main lending rate unchanged at 0.50 percent on Thursday, with analysts looking for more purchases of government bonds under the bank's quantitative easing scheme.
The BoE could pump another 25 billion pounds (29 billion euros, 41 billion dollars) into the economy via its non-conventional policy.
Comparable rates at the US Federal Reserve and Bank of Japan are essentially zero.