European Central Bank in trouble rolling out quantitative easing

The amount of bonds eligible for the ECB to buy under its quantitative-easing programme is poised to shrink as the purchases risk pushing more yields below zero, according to Societe Generale. The ECB, led by president Mario Draghi, began buying euro-area sovereign debt on Monday under the 19-month plan to inject €1.1tn into the region’s … Continue reading European Central Bank in trouble rolling out quantitative easing