| Author (Corporate) | Bertelsmann Foundation |
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| Publisher | Bertelsmann Foundation, Jacques Delors Institute Berlin |
| Series Title | Europa Briefing |
| Publication Date | 2017 |
| Content Type | Research Paper |
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Summary: Since 2013, inflation in the euro area has been too low. In order to revive the economy and bring inflation back to target, the European Central Bank has implemented a low interest-rate policy which includes a bond-buying programme known as quantitative easing or QE. The ECB’s measures, including historically ultra-low interest rates, also bear risks. For example, some observers fear the formation of a bubble in real estate and stock markets or complain about one-sided capital gains for wealthy households. |
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| Source Link |
Link to Main Source
https://www.bertelsmann-stiftung.de/en/publications/publication/did/low-interest-rates-is-the-ecbs-policy-correct/?tx_rsmbstpublications_pi2%5BfilterPreis%5D=1&tx_rsmbstpublications_pi2%5BfilterSprache%5D%5B2%5D=1&tx_rsmbstpublications_pi2%5Bpage%5D=15&cHash=1b7612f109545bb9024186b1b647a256
Alternative sources
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
| International Organisations | European Central Bank (ECB) |
