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ECB's Knot: Expectations for monetary policy 'unrealistically high'

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 21, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Comments from Knot: - Markets got used to ECB always providing heavily - Increase of monthly bond buying amount wasn't discussed - Only proposal that was discussed was adopted His last two points are especially good. There is far too much focus on monetary policy throughout the developed world and not enough focus on governments, which have far more power to stimulate and steer economies.

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