Various-World-Currencies-Dollar-Yuan-Yen-Euro-Pound.jpg Home Page News Page Printing Money to Save the Economy On 22nd January 2015, European Central Bank announced its plan to revive Eurozone’s stagnant economy agreeing to pump in €60 billion ($69 billion) per month thus grabbing headlines. Quantitative Easing (QE) is not an unfamiliar policy in the financial world. When short-term interest rates are closest to zero and the central bank can no longer ease policy by simply adjusting the price of its reserves, then it aims to adjust the quantity of reserves. On 22nd January 2015, European Central Bank announced its plan to revive Eurozone’s stagnant economy agreeing to pump in €60 billion ($69 billion) per month thus grabbing headlines. See Also links url: http://www.economywatch.com/features/Politics-Joins-the-ECBs-Monetary-Policy-Party-with-Elections-in-Greece-and-Italy.01-23-15.html Title: Politics Joins the ECB's Monetary Policy Party with Elections in Greece and Italy See Also type: Reference read more
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