Emons, Ben, (2017), “ECB Meeting Comes at a Precarious Time for Markets”, Bloomberg View, 25 Απριλίου
The recent economic data out of the euro zone is encouraging. Production, manufacturing and confidence are robust, and inflation has stabilized. That’s not to say that there aren’t risks to the downside, such as growing populism, global geopolitical tensions, and uncertainty about sustainability of the economic recovery. To insure against these risks, the European Central Bank, which has a monetary policy meeting Thursday, has the option of boosting asset purchases.
- Karadi, Peter, (2017), “The ECB’s announcements of non-standard measures and longer-term inflation expectations”, European Central Bank Research Bulletin No. 33, 18 Απριλίου
- Huttl, Pia, Goncalves Raposo, Ines, (2017), “An update: Sovereign bond holdings in the euro area – the impact of QE”, Bruegel, 9 Μαρτίου