: "In response to the pandemic-related downward revision to inflation over the projection horizon, the PEPP expansion will further ease the general monetary policy stance, supporting funding conditions in the real economy, especially for businesses and households."exchange rate is up 0.2% at 1.13.
The announcement of a huge new injection of monetary stimulus comes the after the European Commission proposed a €750 billion fiscal stimulus programme.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.
quite amazing aka tax payers announce they will be contributing to their own stimulus
It appears we're in a perpetual state of emergency,forever, until the end of time -Cortisol City!Rates can never normalize,QE can never stop, all forms of purchase programs either...How long until the banks own literally everything at this rate, and there's nothing left to buy?