QE Combined monthly purchases of $60 billion each month until inflation is sighted towards 2 %
Purchases will start Government in March and will go till Sept. 2016.
0.2 % real GDP grew.
Economic recovery will be supported by oil price falls.
Unemployment remains high.
Views
Euro likely under pressure. European companies would benefit.
As proposal of $50 billion bond buying by ECB is already factored in; but now it is up at $60 billion.
Chancellor Merkel's anticipatory bail from her voters stating that ECB action is independent but cannot replace Governmental action -Structural reforms cannot be substituted by monetary policy-
reinforced that ECB would take the QE path.
Views expressed without any risk or responsibility.
Purchases will start Government in March and will go till Sept. 2016.
0.2 % real GDP grew.
Economic recovery will be supported by oil price falls.
Unemployment remains high.
Views
Euro likely under pressure. European companies would benefit.
As proposal of $50 billion bond buying by ECB is already factored in; but now it is up at $60 billion.
Chancellor Merkel's anticipatory bail from her voters stating that ECB action is independent but cannot replace Governmental action -Structural reforms cannot be substituted by monetary policy-
reinforced that ECB would take the QE path.
Views expressed without any risk or responsibility.
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