The Traderszone Network

Published in TZ Latest News 8 December, 2014 by The TZ Newswire Staff

ECB Draghi’s QE Battle With Germany; Rules Out ECB Gold Buying

ECB Draghi’s QE Battle With Germany; Rules Out ECB Gold Buying

The European Central Bank will decide early next year whether to follow the Federal Reserve, Bank of England and the Bank of Japan with quantitative easing or money creation to buy government bonds and other assets but will not buy gold, its president Mario Draghi said yesterday.

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