Jaisal Pastakia

Opinion 3 min read

The ECB’s theory of quantitive easing is put to the test

Time will tell whether the European Central Bank’s (ECB) €1.1tn quantitative easing (QE) package will have the desired impact on the real economy. Beating deflation is the paramount objective - how many times does the ECB have to reiterate its explicit mandate of maintaining price stability

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