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Casting a Spell; The ECB's Bond-Buying Plan
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 404 no. 8802 (Sep. 2012)
,
page 65.
Topik:
International
;
Economic Planning
;
Central Banks
;
Bank Officers
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.73
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Mario Draghi seems more sorcerer than central banker. Since the boss of the European Central Bank (ECB) said in late July that he would do whatever it takes to save the euro, Spanish two-year bond yields have fallen from 7% to 3%. Equity markets have rallied; credit-default-swap spreads have tightened; and the euro has climbed. On September 6th Mr Draghi delivered another boost to confidence when he spelt out the details of his plan to buy bonds of struggling countries.
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