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Fasdal: What to expect from the ECB as need for further QE increases
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With the Eurozone economy in a fragile state and inflation stubbornly remaining way below the ECB’s 2% target, the European Central Bank is under pressure to expand its EUR 1 trillion QE programme, says Saxo Bank’s Simon Fasdal.
Fasdal outlines what to expect from the ECB meeting this Thursday, what options the central bank has and how further QE would impact bond and equity markets.
The ECB has promised it will do whatever it can to get the Eurozone back on track after the Great Recession, and according to Fasdal it needs to ramp up the QE programme to maintain the positive effects from the bond-buying scheme.
Fasdal outlines what to expect from the ECB meeting this Thursday, what options the central bank has and how further QE would impact bond and equity markets.