ECB Turns on QE Taps at an Open Ended €20 Billion Every Month

The Euro has fallen sharply against the pound as a result of a sweeping host of measures from the European Central Bank aimed at stimulating the ailing Eurozone economy. The bank today announced a 10 bps rate cut, aggressive forward guidance, and open ended quantitative easing at €20 billion every month. With panicky measures like this, the last thing the Eurozone needs now is a No Deal Brexit…

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mdi-timer September 12 2019 @ 13:47 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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