Interest rates will stay unchanged until after the summer
Tag: Quantitative
Quantitative easing draws to a close, despite a faltering economy
The ECB is expected to confirm at its meeting next week that it will stop buying bonds
Quantitative easing draws to a close, despite a faltering economy
CENTRAL BANKING can be agonising. The effect of monetary policy on the economy is not immediate, so decisions must be based on expectations for two years’ time. That means putting faith in forecasts that could well turn out to be wrong. Some soul-searching might be expected at the monetary-policy meeting of the European Central Bank […]
