Published on Monday, December 17, 2018

ECB, the real challenge is yet to come

Summary

Last Thursday the European Central Bank (ECB) announced that it was ending its asset purchase programme or APP, better known as QE or quantitative easing, four years after it had come into effect. With the benefit of hindsight and the experience of the United States, here are some reflections brought about by the announcement.

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Authors

Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis

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Press Article (PDF)

SonsolesCastillo_ElPais_ENG

English - December 17, 2018

Press Article (PDF)

SonsolesCastillo_ElPais_ESP

Spanish - December 17, 2018

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