ECB Said to Prep Broad Based Quantitative Easing

The transcript discusses the European Central Bank's (ECB) potential implementation of quantitative easing (QE) and its implications for markets and the economy. Bloomberg economist David Powell provides insights into the ECB's strategy, market reactions, and the challenges of building consensus among the Governing Council. The discussion also compares economic conditions between the US and the Eurozone, highlighting differences in unemployment rates and economic growth.

What are the implications of the ECB's inflation forecasts on its monetary policy?

What comparisons did David Powell make between the US and eurozone economies?