ECB’s Coeure:

  • Weaker-than-expected growth requires a response
  • Eurozone not in deflation but risk has worsened
  • Goal of QE is to anchor long-term rates
  • To decide if bonds should be certain states or all of eurozone
  • To review US, UK QE to determine bond buy amount

Coeure headlines from interview in Liberation newspaper … MNI with the headlines

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You know how salespeople speak as if they are assuming the sale is a done deal? (Good technique BTW) Well, correct me if I’m wrong …. but isn’t Coeure speaking like this?

ECB QE …. its coming ready or not.