Wednesday
Jan212015
ECB Seeks to Inject 50 Billion Euros a Month Into Economy to Stave Off Deflation
Wednesday, January 21, 2015 at 10:49AM BLOOMBERG
The European Central Bank Executive Board has proposed quantitative easing of 50 billion euros ($58 billion) a month until the end of 2016, two euro-area central-bank officials said.
The proposal will be discussed starting today by the ECB’s decision-making Governing Council, which could still change the design significantly, the people said, asking not to be identified as the proposal is confidential.
Purchases won’t start before March 1, one of the people said.
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