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ECB to launch €1.1 trillion of quantitative easing
Friday, January 23, 2015 15:45
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Mario Draghi, president of the European Central Bank, has announced that he will pump €1.1tn at a rate of €60bn a month into financial markets until September 2016, in an attempt to prevent the fragile eurozone economy from grinding to a halt. In a keenly anticipated announcement at the ECB’s headquarters in Frankfurt, Draghi said the operation …
Source: http://www.hangthebankers.com/ecb-to-launch-e1-1-trillion-of-quantitative-easing/
