What is ECB Quantitative Easing?

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In March 2015 the ECB started a quantitative easing programme, an extreme monetary policy to expand the money supply, either by lowering interest rates or through open market operations. It’s usually used when almost all of the measures to reactivate economy fail and central banks have to experiment other tools to encourage banks to pump money into the economy. Following the QE programme, known unofficially as “ Plan Draghi ” in the Eurozone, the ECB has bought

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