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Will the ECB do for Europe what the Fed did for US?
Will the ECB’s QE programme do for Europe, what similar programmes from the Federal Reserve did for the United States? Bob Johnson, Director of Economic Analysis at Morningstar Research, is not convinced and here are his reasons why.
Bob Johnson outlines a number of differences between the Eurozone and the United States, which may limit the effects of the ECB’s QE programme. He also looks at what impact it will have on the US economy once the ECB launches its trillion euro bond-buying scheme.
02:43 minutes
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