Reports on Economic trends See all

Weekly purchase volumes under APP and PEPP

Zombies and stagflation: Mario Draghi’s crisis prescription

In late March, Mario Draghi broke his post-ECB silence with an article in the Financial Times that set out several recipes for how to address the economic difficulties brought on by measures to contain the COVID-19 pandemic. Essentially calling for a “whatever it takes” part two, he urged central banks to open the liquidity gates and governments to take on huge debt burdens. There is a significant question however, about whether those measures will solve the problem or compound it.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms and Conditions. Feel free to check out our policies anytime for more information.
I agree