Demonstrators outside the Bank of England in London protesting against quantitative easing

QE has failed. What comes next?

  • Printing money and maintaining near-zero to negative low interest rates have failed to spur growth in Europe
  • Central bankers are still hesitant to return to more sound monetary policy
  • They have been trying to simultaneously avert a banking crisis and government defaults
  • Preventing both will become increasingly difficult; eventually, they will have to choose

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Professor Enrico Colombatto
There is no need for aggressive monetary policy to keep real interest rates down
read more about it in the report
What's inside
  • Printing money and maintaining near-zero to negative low interest rates have failed to spur growth in Europe
  • Central bankers are still hesitant to return to more sound monetary policy
  • They have been trying to simultaneously avert a banking crisis and government defaults
  • Preventing both will become increasingly difficult; eventually, they will have to choose
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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