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ECB unveils €1.1trn of QE: what the experts say
The European Central Bank has finally pushed the button on quantitative easing, saying it will pump €1.1tn – €60bn a month – into financial markets until September 2016, to revive the ailing eurozone economy. Here is what strategists and other experts made of the move. Nancy Curtin of Close Brothers Asset Management said QE is set to “start with a bang rather than a whimper” while Marc Ostwald, strategist at ADM Investor Services International, talked of a “messy compromise”. Nancy Curtin, chief investment officer of Close Brothers Asset Management European QE is set to start with a bang rather a ... (full story)
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