Loose Monetary Policy: ECB President Draghi Hinting at QE in EuroZone (Easy Money)
- By : JanssenReportHost
- Category : Global Economy
Today on The Janssen Report (#65): yesterday Mario Draghi hinted at the possibility of an ECB asset purchases program coming to the Eurozone.
This is yet another form of loose monetary policy to be implemented in the EU, also known as quantitative easing (QE). QE is already in full force in the United States (although officially they are winding down the program) and the United Kingdom.
View this episode of The Janssen Report here:
Links to sources:
– Draghi Pushes ECB Closer to QE As Deflation Risks Rise (Bloomberg)
– Europe Bank Cleanup Driving $1.72 Trillion of Asset Sales (Bloomberg)
Stay informed!
Cheers,
Marco Janssen