2min chapter

Forward Guidance cover image

Will The Dollar’s Rise Crush Central Banks’ Plans?

Forward Guidance

CHAPTER

The European Central Bank's Role in Keeping the Union Together

European Central Bank keeping rates low and doing a lot of QE. How does that sort of keep things in check or does it not really? The ECB for better or worse is playing a very key political role and keeping the union together. It's probably hard for the ECB to ever get out of QE since that's such a key. That's kind of like the glue that's glued together the the union at the moment.

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