SaxoTV
Fasdal: The ECB is in real trouble, but will it act?
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Since March the European Central Bank has pumped more than 300 billion euros into the European economy through its bond-buying programme. But according to Saxo Bank’s Simon Fasdal, the positive effects of the ECB’s QE programme are rapidly vanishing in the current market and the central bank needs to act sooner rather than later to turn the tide.
Fasdal looks at the factors undermining the ECB’s efforts to revive the euro area economy with the 1 trillion QE programme intended to run until September 2016. He also looks at the ways the ECB could intervene in the market, when it meets in Frankfurt later this Thursday