European Central Bank's gloom suggests QE2 may be on the horizon
by Nils Pratley from on (#KBWW)
Mario Draghi has plainly been rattled by China's economy, and as a result the bank's a1.1tn quantitative easing scheme may need shoring up
The European Central Bank (ECB) launched its a1.1tn (800bn) quantitative easing programme only in January. Now, with a full year left to complete the bond-buying spree, QE2 is being prepared.
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