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How Eurozone QE Works: A Guide to Draghi's News
European Central Bank President Mario Draghi announced a quantitative easing program today (Wednesday), leaving many to wonder how Eurozone QE works.
Through Eurozone QE, the ECB will purchase 60 billion euros a month, through a combination of asset and sovereign government bond purchases.
Here's how QE works, and how it will play out in the Eurozone...
European Central Bank President Mario Draghi announced a quantitative easing program today (Wednesday), leaving many to wonder how Eurozone QE works.
Through Eurozone QE, the ECB will purchase 60 billion euros a month, through a combination of asset and sovereign government bond purchases.
Here's how QE works, and how it will play out in the Eurozone...