May 22, 2012

Even chance ECB to start printing money – Reuters poll

Even chance ECB to start printing money – Reuters poll

photoLONDON (Reuters) – The European Central Bank could soon bow to pressure to print money to prevent a further escalation of the euro zone’s debt crisis, with respondents in a Reuters poll giving an even probability the ECB would adopt a policy of quantitative easing. The poll of 50 bond strategists across Europe and the United States conducted this week gave a median 48 percent probability that the ECB will be forced to conduct outright quantitative easing (QE). …