Dragons: “The ECB will go ahead with the Q and as long as necessary” – The Messenger

The quantitative easing from the ECB will remain standing for as long as necessary, it is too early to declare victory. He said the ECB president, Mario Draghi, during a speech at the International Monetary Fund in Washington.

The measures taken by the ECB have driven down interest rates on loans to the real economy, but could also have the “side effects,” he said. According to Draghi, the QE could also stimulate a compensatory increase of savings, within a society that tends to aging of the population, to make up for the low returns offered by savings, gradually you get closer to retirement age.

‘necessary- said – closely monitor the effects of QE on the distribution of wealth, so that “they have effects on consumption and investment,” stimulating. “However – he pointed out – is that the interest of investors to return to its production potential without undue delay” for restoring growth.

 14 May 2015 18:46 – Last Updated: 19:12

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