http://www.valuewalk.com/2016/03/ecb-qe-opposite-effect-expected-baml/
This month marks the one-year anniversary
of the ECB QE program, but it appears as if some things aren’t going as
planned. Bank of America Merrill Lynch strategists explain, however,
that it’s important to look beneath the surface and that the program is
having mixed results thus far with success in some areas but unintended
results in others.
The European Central Bank just announced plans to increase corporate
bond buying in light of these mixed metrics, although there’s debate
about whether it will be enough.
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