Thursday December 12, 2019

COMMENT: Pressure on eurozone policymakers is mounting

There is now a growing realisation amongst some policymakers that Quantitative Easing is the next logical step, writes Jim Power.

3rd April, 2014
Jim Power: "There is now a growing realisation amongst some policymakers that Quantitative Easing is the next logical step."

For central bankers, inflation is always and everywhere the enemy, although the level of enmity does tend to vary from jurisdiction to jurisdiction. In the US for example there has generally been a tolerance of a reasonable level of inflation, whereas in the Euro Zone, there is total paranoia about rising prices.

This of course has its origins in the influence that the Bundesbank had in the setting up of the ECB, which in turn...

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