Bundesbank President Jens Weidmann said it was not out of the question for the European Central Bank to buy bank assets to fight deflation, in a softening of the German central banks strict stance on the issue. Quantitative easing (QE) is when a central bank buys loans or other assets from banks and would represent a radical departure for the ECB, which has so far, not least under pressure from Germany, refused to make such a move...NOW KILL THE EURO :-)
Posted on: Tue, 25 Mar 2014 13:30:19 +0000
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