Bloomberg |
ECB Case for QE Boosted by Muted Long-Term Loan Take-Up
Bloomberg The European Central Bank's second round of long-term loans came in at the low end of analysts' estimates, bolstering the case for the institution to start large-scale quantitative easing. The Frankfurt-based ECB said it allotted 130 billion euros (1 billion) … Europe shares mixed; ECB lending meets estimates Euro zone shares halt slide on ECB stimulus hopes Euro, peripheral bond yields fall as ECB allots second phase of ultra-cheap loans |