Last week, the European Central Bank (ECB) decided to take a significant step away from normalization and toward more accommodation. It cut the deposit facility rate by 0.1% to a level of -0.5% (the first time the deposit rate has changed since 2016) and announced a re-ignition of quantitative easing (QE).1 The ECB will begin […]
source https://thebtrader.com/2019/09/16/could-helicopter-money-help-europes-economy-take-flight/?utm_source=rss&utm_medium=rss&utm_campaign=could-helicopter-money-help-europes-economy-take-flight
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