Next step Quote by Anonymous
““Mr Draghi’s comments have increased the chance of outright quantitative easing as the next step for ECB policy,” said Michael Gapen, an economist at Barclays. “However, we believe the bar for outright QE remains high and is contingent on deflation and governments’ willingness to co-operate – the ECB does not want QE to be a substitute for government action, especially on structural reforms.””
