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ECB launches Quantitative Easing for the Euro Zone

Geoff Riley

22nd January 2015

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In a long awaited move, the European Central Bank (ECB) has launched a huge programme of quantitative easing (QE) (60 billion euro per month) as part of their continued efforts to kick-start recovery in the struggling single currency bloc. The ECB is hoping that increasing the base supply of money through bond purchases will stimulate bank lending and exports not least because of the anticipated depreciation of the Euro.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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