IMF steps up call for QE in Europe
The International Monetary Fund (IMF) stepped up its campaign for quantitative easing (QE) in the eurozone today, as it released a host of documents calling on the European Central Bank (ECB) to buy sovereign bonds if inflation doesn't pick up.
A staff report insisted that inflation "has been too low for too long" in the region, while two members of the IMF's European department released a ‘Q&A' outlining why QE would be effective in Europe.
Reza Moghadam and Ranjit Teja, director and deputy
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