Quantitative Easing: what’s it all about?
With British politicians quarrelling about who wants the least attractive job in politics, one of the biggest recent changes to global monetary policy has gone largely unnoticed. The European Central Bank (ECB) has announced that it will stop its quantitative easing (QE) programme at the end of this month. In 2019, the four-year, €2.6trn bond-buying spree, which has increased the supply of money into European commercial banks will stop.
Like similar monetary policies used…
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