Hello dear readers,
I saw two different interesting articles in the Financial times, both related to QE.
The first one deals with the turmoil in european bonds market surrounding the QE of the ECB. It really affects prices and the change are quite intense even during the same day.
The second one is about what Mario Draghi told to the IMF in Washington. I didn’t listen the speech and I don’t know for sure if I can, but the Financial times reported that he warns against too extensive use of QE by central banks all over the world. He told in a speech delivered to the IMF that too QE may harm financial stability and cause increasing level of inequalities regarding incomes and the distribution of wealth within societies.