Author (Corporate) | European Parliament: European Parliamentary Research Service |
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Series Title | Briefing: Monetary Dialogue |
Series Details | February 2017 |
Publication Date | February 2017 |
Content Type | Journal | Series | Blog |
Since March 2015, the European Central Bank (ECB) has been engaged in an expanded asset purchase programme of private sector assets and sovereign bonds (so called quantitative easing or QE), which has been recently extended until December 2017, although at a slower pace. The aim of the programme is to ease monetary and financial conditions, making access to finance cheaper for firms and households. This tends to support investment and consumption and, ultimately, contributes to a return of inflation rates towards the ECB target. |
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Source Link | http://www.europarl.europa.eu/RegData/etudes/BRIE/2017/595349/IPOL_BRI(2017)595349_EN.pdf |
Related Links |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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