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There was a surprise monetary policy move by the European Central Bank (ECB) today with the announcement of extra quantitative easing, a move to buying corporate as well as government debt, together with a looser (more expansionary) interest rate policy with cuts to both the main policy rate and also the bank deposit rate.
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- European Central Bank (ECB)
- Monetary policy
- Negative Interest Rates
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty 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 conferences in the UK and overseas.
Our subjects
- › Business
- › Criminology
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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