While the FED stopped QE and has been gradually increasing interest rates for some time now, yesterday the European Central Bank announced that it is keeping 0% interest rates and QE at least until September 2018.
My question is, what are the tools available to the ECB if there is a recession, let's say, next year? Would they continue buying bonds and printing money more aggressively? I don't know much about economy but isn't it a bit risky and maybe irresponsible to continue the stimulus for so long?
Submitted April 28, 2018 at 10:27AM by InvertedYieldCurve https://ift.tt/2jf1mXP
