BoA: ECB Unleashes Quantitative Easing For The World!
The effects of the ECB’s corporate bond buying spree could potentially be much greater than initially anticipated and could be equivalent of quantitative easing for the World; that’s according to Bank of America Merrill Lynch’s April 21 European Credit Strategist Research report.
The report, a copy of which has been reviewed by ValueWalk, declares that now the true size and scale of the European Central Bank’s Corporate Sector Purchase Programme (CSPP) is known and understood, it’s clear that the bank means business in the credit market.
Is The ECB Flying Toward Helicopter Money?
What’s more, now the details of the programme have been published, BoA’s analysts believe that the quantitative easing programme is...
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