Europe's Central Bank is kicking off its unprecedented one-trillion-euro blitz of bond-buying - in order to stimulate the bloc's economy and avoid deflation. With all other recovery options now exhausted, the currency union has finally resorted to stepping onto the thorny path of full-blown quantitative easing.
Europe’s Central Bank is kicking off its unprecedented one-trillion-euro blitz of bond-buying – in order to stimulate the bloc’s economy and avoid deflation. With all other recovery options now exhausted, the currency union has finally resorted to stepping onto the thorny path of full-blown quantitative easing.
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