Moec: Helicopter Money Still Far Away for Eurozone

The transcript discusses the ECB's dovish stance post-Brexit, focusing on inflation forecasts and the necessity of continuing quantitative easing (QE) despite challenges like bond scarcity in Germany. It explores the potential for negative interest rates and technical tweaks to QE, while highlighting the improved relationship between the Bundesbank and ECB. The UK economy's resilience post-Brexit vote is also examined, noting low unemployment and the debate over interest rate hikes.

What challenges are mentioned regarding the continuation of quantitative easing (QE)?

What are the implications of negative interest rates on banks according to the text?

What are the potential political consequences of negative deposit rates as discussed in the text?

How does the relationship between the Bundesbank and the ECB appear to have changed?

What does the text suggest about the effectiveness of the labor market in generating inflation?