Outgoing ECB President Mario Draghi has pledged indefinite stimulus to revive a flagging eurozone economy. Rates have been cut even deeper into negative territory and bond purchases will restart
Ever since eurozone interest rates turned negative in 2014, a debate has raged about whether or not this makes economic sense. DW explains how they came about and why the monetary policy tool is a double-edged sword.
Outgoing ECB President Mario Draghi has achieved his goal of further cuts to interest rates and the renewal of bond buying for the euro area. But some policymakers are skeptical that the move was necessary.
There's no denying that central bankers are fixated on achieving an inflation rate of 2%. Persistently they fail. So why the obsession with this arbitrary metric, asks DW's Kate Ferguson.
Germany's Constitutional Court is once more dealing with the question of whether the European Central Bank's asset purchases constitute illegal state funding. A "Yes" from Germany's top judges could lead to chaos.
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