How do I invest my money? Small investors in Germany are asking just that. Many economists doubt the new measures introduced by the European Central Bank will work.
After the central bank's latest policy meeting, its president Mario Draghi provided only vague hints as to how the ECB would wind down its huge asset purchases. Fast action has been complicated by a much stronger euro.
The European Central Bank (ECB) knows it can’t change its loose monetary policy too rapidly, lest it shock markets and banks. But change will have to come soon, maybe as soon as Thursday when governors meet again.
Despite the European Central Bank's policy of infusing cash into the economies across the euro area, the bloc's inflation rate stays stubbornly lower than recommended by governors. They even predict a fresh slump.
The head of Germany's biggest private lender wants the European Central Bank's (ECB's) cheap money stimulus to end, warning that he sees price bubbles in stocks, bonds and property.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version