Letter from America. The ECB Tries Again

Series Title
Series Details Vol.49, No.4, July-August 2014
Publication Date July 2014
ISSN 0020-5346
Content Type

In June 2014 the European Central Bank announced a series of new steps to counter deflation. 'Better late than never' was the response of many of the critics. But rather than bemoaning the failure of President Draghi & Co. to move earlier, it is more productive at this stage to ask: are the central bank's measures now up to the task? Will they work, in the sense of taking deflation off the table and giving a boost to economic growth?
Source Link Link to Main Source http://www.intereconomics.eu/archive/year/2014/4/the-ecb-tries-again/
Related Links
Intereconomics: Archive http://archive.intereconomics.eu/years/
ESO: Background information: Monetary policy decisions, June 2014 - ECB cuts rates below zero to boost recovery in the eurozone http://www.europeansources.info/record/press-release-monetary-policy-decisions-june-2014-ecb-cuts-rates-below-zero-to-boost-recovery-in-the-eurozone/
ESO: Background information: Monetary policy decisions, September 2014 http://www.europeansources.info/record/monetary-policy-decisions-september-2014/
Subject Categories
Countries / Regions