ASI: Beslissing om QE nu te stoppen heeft meer met politiek dan met economie te maken

Dec 13, 2018

Hieronder volgt het commentaar van Paul Diggle, senior economist bij Aberdeen Standard Investments op de ECB-beslissing:

“The decision to end QE now is more about politics than economics. Winding up net asset purchases will please the hawks on the Governing Council, particularly the Germans, and if you squint hard enough the economic data can just about justify the decision. Despite what are very likely to be downward revisions when the new forecasts are issued in a few hours, the central bank still has high hopes of pockets of growth appearing and core inflation picking up as wages rise. But both look overly optimistic when you consider what else is going on in the world, let alone Europe. I suspect that Draghi will never get to raise rates now.”