This monetary policy bazooka comes on top of a €750 billion proposal by the European Commission, adding to a range of strategies in Europe and around the globe to combating the coronavirus menace. With the EU projected to contract -8.7% this year, every single support offered by the ECB and government will certainly shape the outlook over the coming months.
Why it matters?
Quantitative easing is a monetary policy tool that central… Read More:
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