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European Central Bank quantitative easing

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European Central Bank QE Is Masking Eurozone Struggles

By , Associate Editor, Money Morning • @JimBach22 -

European Central Bank QE

The European Central Bank quantitative easing regime is officially in full swing.

European Central Bank data released last Friday indicated as much. The sovereign bond-buying program began March 9. And in just two weeks, Eurozone central banks had already purchased 26.3 billion euros. This is all while economic indicators seem to point toward a recovery.

This market optimism is all unwarranted. Here's why the Eurozone is still in trouble, and why QE won't fix anything...