Natixis’ Artus writes for Bloomberg Brief on why the ECB will see QE to the end

natixis logoIn the latest Bloomberg Brief, Patrick Artus argues that despite speculation, the ECB is keen to continue its programme – as made clear by its President Mario Draghi on Wednesday, who said after Wednesday’s monetary policy meeting that “we plan to keep our course steady and unchanged.” For the ECB, the inflationary target was merely a pretext: the real objective behind QE is to stimulate Europe’s economy through the weakening of the euro and a fall in interest rates.

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