Additional article: ECB Signals Rate Cut, QE as Global Stimulus Push Picks Up. It's somewhat bewildering to see measures that were implemented after the last market crash being used preventively....
Draghi said last month that the euro zone will need more stimulus if the economic outlook doesn’t improve. While data since then has been mixed, some of the signs are grim. A report on German business confidence published earlier Thursday showed the weakest sentiment in more than six years and the lowest expectations since 2009.
It's somewhat bewildering to see measures that were implemented after the last market crash being used preventively. There's also the fact that western economies have been slowly less responsive to such measures wrt inflation. Interesting times indeed.
Additional article: ECB Signals Rate Cut, QE as Global Stimulus Push Picks Up.
It's somewhat bewildering to see measures that were implemented after the last market crash being used preventively. There's also the fact that western economies have been slowly less responsive to such measures wrt inflation. Interesting times indeed.