Ruparel, Raoul, (2015), ” ECB roils markets with disappointing stimulus package”, Open Europe blog, 4 December
Markets across Europe were down sharply yesterday after the ECB significantly disappointed expectations in terms of further easing. As the dust settle many will rightly be wondering why exactly market expectations became so dislocated from actual ECB thinking and what this means for the longer term. Open Europe’s Raoul Ruparel, who warned the ECB could disappoint, investigates.
Relevant Posts
- Wolff, Guntram, (2015), “The ECB and politics in an era of low interest rates”, Bruegel publications, 25 November
- Constâncio, Vítor, Hartmann, Philipp, Tristani, Oreste, (2015), “Selected Takeaways from the ECB’s Sintra Forum on “Inflation and Unemployment in Europe” “, Voxeu, 28 October.