tutor2u | Has the ECB shot their last bazooka?

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Has the ECB shot their last bazooka?

Geoff Riley

10th March 2016

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.

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.

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