It’s Time for the ECB to Put QE on Hold

Sep 9, 2019

Now that the European Central Bank has stoked expectations of additional monetary stimulus, there is a risk that interest rates will snap back upward if it doesn’t deliver at its meeting on September 12. But the ECB would be better advised to postpone any significant further policy loosening.

https://www.project-syndicate.org/commentary/ecb-stimulus-should-wait-by-stefan-gerlach-2019-09?utm_source=Project+Syndicate+Newsletter&utm_campaign=aabf9c90ac-sunday_newsletter_15_9_2019&utm_medium=email&utm_term=0_73bad5b7d8-aabf9c90ac-106440339&mc_cid=aabf9c90ac&mc_eid=4ddf8a88ec