39244
ECB Stimulus Failing
World Economy

ECB Stimulus Failing

The first full week of the European Central Bank’s expanded bond buying highlighted the program’s limitations in the face of heightened political risks in the eurozone, Bloomberg reported. The extra yield, or spread, that investors get for holding Spain’s 10-year bonds instead of similar-maturity German securities widened to the most in two months. That was even as the ECB increased the size of its monthly bond purchases to €80 billion ($91 billion) from €60 billion starting April 1 and officials signaled they were ready to further ease monetary policy to support a flagging economy and boost inflation.

Short URL : http://goo.gl/BfetG8
  1. http://goo.gl/vcgGtf
  • http://goo.gl/XLmm4H
  • http://goo.gl/V9tzmH
  • http://goo.gl/WsyJml
  • http://goo.gl/2x4MQn

You can also read ...

Innovation, Technology Should Boost Hong Kong Economy
Innovation and technology will become profitable in Hong Kong...
Annual expansion in the second quarter fell to 4.5%.
Malaysia cut its full-year growth forecast and reported much...
Government data shows the number of jobs created in July fell to the lowest levels in over eight years.
South Korea’s ranking officials revealed a disparity in their...
Canada Inflation Surges
Canada’s inflation rate surged to 3% in July, fueled by rising...
As technological progress makes people richer in terms of many basic goods and services, it may be inevitable  that more human activity is devoted to zero-sum competition for available income and assets.
Across the global economy, the potential for automation seems...
Trade War Won’t Dent China GDP
Analysts are trying urgently to evaluate the potential impact...
Italy to Launch New Infrastructure Plan
The government will launch a plan aimed at making Italy’s...
Amazon to Challenge TiVo With Live TV Recorder
Amazon.com Inc. is developing a new device that records live...

Trending

Googleplus