QE having a significant effect on economy: traders

April 14, 2015 7:04 PM

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QE having a significant effect on economy: traders

[BENGALURU] The European Central Bank's trillion-euro quantitative easing programme is already having a significant impact on the eurozone economy, a Reuters poll of money market traders found.

At its monetary policy meeting in January, the ECB said it would buy 60 billion euros of mostly sovereign bonds every month from March until at least September next year to try and bring inflation back to its target.

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