Despite steady Eurozone growth that has resulted in a sustained recovery since 2012, Bank of Singapore believes that a formal extension of the QE programme will be announced in December’s policy meeting due to slow inflation. The Eurozone’s recovery has been a positive story. After ECB’s president Draghi committed to do “whatever it takes” to help the economy recover in…
Bank of Singapore: Expect QE extension in Europe
25 October 2016
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