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