Sunday, January 4, 2015

‘ECB does not make it by buying up government bonds’ – Telegraaf.nl

'ECB does not make it by buying up government bonds' – Telegraaf.nl

FRANKFURT (Reuters) – Economists are skeptical about the expected actions of the European Central Bank (ECB) to boost inflation and economic growth. This writes the British newspaper Financial Times (FT) Sunday, based on a tour of 32 experts from various European countries, mostly working in the financial sector.

The vast majority of economists who questioned FT expect the ECB this year starts buying up sovereign debt to give the economy a boost. Central banks in the United States and Britain did earlier also to stimulate their economies.

The experts, however, it also agree that this measure is not only faster eurozone out of the crisis to help. They expect that with the purchase of government bonds by the ECB continue the growth and inflation for some time low, says FT

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