The central bank closes the bond program, part of the stimulus measures introduced ten years ago
by Isabella Bufacchi
The market paradox that heralds a recession
The QE started in 2014 and the net purchases of the securities of the 19 member countries in the PAA program, to ease financing conditions everywhere, ended yesterday. And yesterday, in view of the rate hike scheduled for July 21, the fight against financial fragmentation and excessive spreads also resumed.
