ECB resumes quantitative easing after 9 months and cuts rates for the first time in 3 years


ECB said that it will run the program "for as long as necessary"; at least until it starts seeing an increase in its key interest rates. The QE program was paused in December after buying €2.6 trillion of bonds.

Interesting article about the ECB lowering interest rates and resuming QE. It's a crazy world we live in where negative interest rates and massive printing of currency are the norm for the ECB. Who knows, but I'd be willing to bet that this doesn't end well.....

Read the full story here.....
https://finance.yahoo.com/news/ecb-resumes-quantitative-easing-9-125547764.html


Comments 9


Gold is a little above $1500 right now.....

13.09.2019 02:29
1

You got a 20.15% upvote from @brupvoter courtesy of @onthehook8!

13.09.2019 12:46
0

Thanks

13.09.2019 12:47
1

You got a 6.73% upvote from @promobot courtesy of @onthehook8!

13.09.2019 12:46
0

Thanks

13.09.2019 12:47
1

You got a 8.02% upvote from @minnowvotes courtesy of @onthehook8!

13.09.2019 13:07
0

Thanks

13.09.2019 13:24
1

You got a 11.94% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

13.09.2019 14:31
0

Thanks

13.09.2019 14:40
1