January 22nd, 2015
Episode 90 of 1333 episodes
The European Central Bank (ECB) is expected to announce it will inject up to 1 trillion into the eurozone economy. The ECB could purchase government bonds worth up to 50bn (38bn) per month until the end of 2016. Creating new money to buy government debt, or quantitative easing (QE), should reduce the cost of borrowing. Chief Market Strategist for the UK and Europe at J.P. Morgan Asset Management, Stephanie Flanders, explains how this could help how investors view the strength of the economy in Europe.