Carney says eurozone QE 'absolutely necessary'

9615973034-dbef25517d
Mark Carney

The European Central Bank (ECB) was right to launch quantitative easing (QE) yesterday, according to Bank of England (BoE) governor Mark Carney, who offered his support for the policy in a panel discussion at Davos this morning.

ECB president Mario Draghi announced plans to buy €60 billion of assets each month from March 2015 to September 2016, the majority of which will be eurozone government debt.

"[The programme is] absolutely necessary to preserve the prospect of medium-term prosperity in Eu

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: