ECB and Fed flood markets

Erste Group
By March 23, 2020 10:53

ECB and Fed flood markets

Focus: ECB and US Fed measures, Eurozone PMIs

he measures taken by central banks to counteract the economic downturn have been gathering considerable momentum for a good week now. We have listed the individual measures below. In summary, the central banks are opening all the floodgates and there will be a massive flood of liquidity. This will make it easier to finance the governments’ forthcoming fiscal packages. We therefore do not believe that 

 

Erste Group
By March 23, 2020 10:53

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