Following a Mario Draghi speech at the Jackson Hole conference, don’t be surprised to see quantitative easing (QE) across Europe, a recent research note from Barclays points out. The real issue will be the resulting impact on global markets.
ECB to lead markets incrementally pricing in QE
While the announcement is not official, the report, titled “QE Questions… and Answers,” said the ECB central bank rhetoric could lead to markets incrementally pricing in QE well before the actual implementation.
The Barclays report considered the impact of ECB QE on a number of markets, using the US and Japan as a guide.
Impact...


