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22nd Jan 2015 18:00Eurozone, Economic Monitor

The ECB sent a strong signal yesterday that it is ready to fight deflation with a full range of unconventional monetary policy tools. Asset purchases, including sovereigns, to the tune of €60B per month will begin in March, and will run until end-September 2016, but Mr. Draghi noted that purchases could continue if the ECB is not satisfied with the trajectory of inflation.

ECB QE Mr. Draghi ECB meeting Europe Eurozone euro equities sovereign QE risk sharing governing council PMIs

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Keywords for: 23 Jan. 2015 The ECB gets ahead of the curve with significant QE program

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