Europe opens their door for QE. The ECB could adopt negative rates or start purchasing assets from banks if needed to try and lift inflation closer to its...

Europe opens their door for QE. The ECB could adopt negative rates or start purchasing assets from banks if needed to try and lift inflation closer to its target. The balance-sheet capacity of the central bank can be used, this includes outright purchases that any central bank can do. ECB executive board member Peter Praet said in an interview on Tuesday. Annual inflation in the euro zone slowed to 0.7% in October, far below the central bank's target of just below 2% over the medium term. Additional stimulus from the ECB isn't needed right now, Mr. Praet signaled, noting that inflation risks for the euro zone as a whole are balanced after last week's unexpected ECB interest-rate cut. (VIEW LINK)


2 topics

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.