It was the most dramatic policy intervention by the European Central Bank since it was established. Having finally bested his German opposition, ECB president Mario Draghi took the wraps off his €1.26 trillion quantitative easing programme.
QE is designed to breathe fresh life into sluggish eurozone inflation figures, and stave off the threat of a damaging deflationary spiral. However, many questions will remain over how effective this will be and whether the high-level policy actions...
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