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    European Central Bank Chief Economist Peter Praet: quantitative easing by the ECB is “now gaining traction” | 23.04.2015

     

    The European Central Bank (ECB) Chief Economist Peter Praet said on Thursday that quantitative easing by the ECB is "now gaining traction".

     

     

    "The recovery is firming, and inflation expectations seem to be moving towards values more consistent with our aim," Praet said.

     

     

    The ECB chief economist pointed out that there is the beginnings of a cyclical recovery, "but it is not yet a structural one".


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