QE: to infinity, but then what?

By Tyler Davies
25 Jul 2019

Look no further than the suggestions for a new set of quantitative easing (QE) measures for evidence that the European Central Bank (ECB) has run out of road.

There was a profound sense of relief in the financial markets after ECB president Mario Draghi delivered his famous “whatever it takes” speech in 2012.

Investors began thinking differently about European assets, confident enough to discount the risk of a systemic crisis in the eurozone.

But ...

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