European Central Bank: all options on the table

By Paul Diggle, Economist, Aberdeen

European Central Bank (ECB) President Mario Draghi opened the door to further easing of monetary policy when, following the bank’s 22 October meeting, he announced that “the degree of monetary policy accommodation will need to be re-examined at our December monetary policy meeting”. Two important questions for the next few months are: what form will further ECB easing take and what are the implications for the US Federal Reserve (Fed)?

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