‘Rescue Op’: ECB kicks off ‘quantitative easing’ bond buying

Europe’s Central Bank is kicking off its unprecedented one-trillion-euro blitz of bond-buying – in order to stimulate the bloc’s economy and avoid deflation. With all other recovery options now exhausted, the currency union has finally resorted to stepping onto the thorny path of full-blown quantitative easing.

‘Rescue Op’: ECB kicks off ‘quantitative easing’ bond buying

Europe’s Central Bank is kicking off its unprecedented one-trillion-euro blitz of bond-buying – in order to stimulate the bloc’s economy and avoid deflation. With all other recovery options now exhausted, the currency union has finally resorted to stepping onto the thorny path of full-blown quantitative easing.

[youtube height=”326″ width=”580″]https://www.youtube.com/watch?v=9jaX9PlrP4U[/youtube]
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