More money, more problems? Draghi's QE quandary

ECB President Mario Draghi is confident about what the central bank's QE program will achieve, but a number of risks pose a threat to his plan.

It’s the most precisely anticipated QE program announcement in history. With a total spend in line with expectations for €1.1 trillion of government and corporate bond purchases, and partial shared risk between member countries, the ECB’s plan landed just on broad market expectations in the City.

But amid the careful execution and delivery of the bank’s final announcement -- following weeks of blatant hints -- several comments scratched a sharp line under its struggles to control the vastly more important expectations on growth.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles