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...

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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)

economy ecb qe

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