Baldseagull
Well-known member
But the EU still has quantitative easing and today reported it wants to increase it. What is their excuse for failure
The ECB is not currently buying bonds, it has suggested it may need to start buying bonds again later in the year. Their problem is Germany.
All totally irrelevant to the round of QE we undertook after the referendum.
The ECB did not start QE until 2015, BoE started in 2009, BoE is buying new bonds with the proceeds of maturing bonds, we are still using QE but we are not increasing the amount, the ECB is still using QE but it is not increasing the amount, the US Federal reserve is selling off the bonds it bought and is therefore decreasing it's amount of QE.