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Bond Buys Usher In New Era.
- Source :
-
Wall Street Journal - Eastern Edition . 1/23/2015, Vol. 265 Issue 18, pA1-A11. 2p. 1 Color Photograph, 1 Graph. - Publication Year :
- 2015
-
Abstract
- The article discusses the January 22, 2015 announcement by European Central Bank (ECB) President Mario Draghi that beginning in March the ECB would embark upon a program of buying 60 billion euros worth of bonds each month through at least September 2016. The securities will include both government and corporate bonds. Draghi dismissed the idea that the new policy could promote excessive inflation. Stock prices in the U.S. rose sharply on the news.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 265
- Issue :
- 18
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 100563012