What ECB QE Will Do For The World (In 1 Word & 1 Simple Chart)

Nothing...

  • *DRAGHI SAYS TODAY'S MEASURES WILL BE EFFECTIVE
  • *DRAGHI SAYS TODAY'S MEASURES WILL BOLSTER INFLATION
  • *DRAGHI CITES SIGNALING EFFECT ON INFLATION EXPECTATIONS

Signal This!!

 

"Different this time?" or "Einsteinian Insanity"?

 

With The ECB set to announce a QE4EVA-esque bond-buying initiative within the next hour or two, we thought it worth looking at just what The Fed's balance-sheet experiment did for inflation expectations (the key narrative that is driving Draghi's decision) and economic growth (what every politician is demanding Draghi help with)...

The answer... Nothing!!