Such a purchase programme would take the ECB halfway towards its goal of boosting its balance sheet
Sat, Jan 10, 2015 - 5:50 AM
TIME TO ACT: Euro-area consumer prices fell last month for the first time in more than five years and Mr Draghi has signalled the deflationary risks may demand a response.
EUROPEAN Central Bank staff presented policymakers with models for buying as much as 500 billion euros (S$788 billion) of investment-grade assets, according to a person who attended a meeting of the Governing Council. Various quantitative-easing options were shown to governors...