ECB planning for bigger monetary stimulus.
Global Banking News-March 31, 2014--ECB planning for bigger monetary stimulus
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Global Banking News - 31 March 2014
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The ECB is said to be planning for a bigger monetary stimulus, even though faster growth would also mean higher risks.
In this week's monetary policy meeting, analysts expect the ECB to enter a dramatic new phase of monetary accommodation. While the ECB has said that there needs to be 'alternative measures' to bolster recovery and growth, Germany's Bundesbank, has been against it.
With a change in attitude for the Bundesbank, new policy options such as - quantitative easing (QE), negative interest rates and a weaker euro are now being discussed.
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