FAZ reports that bond purchases have been modeled purchases up to 1 billion euros spread over 1 year. The models show various results, according the report. The tests show inflation could be boosted from 0.2 percentage points to 0.8 percentage points.
The euro is falling on the headlines, carried by Bloomberg. It shows that the ECB is serious about taking further action.
Update: The report says officials are leaning more toward credit easing policies. Wants to work this month with BOE on ABS proposal.
The credit easing headline is a less dovish than outright QE.
