What’s Going On Here? German courts ruled that the European Central Bank’s (ECB’s) economy-boosting quantitative easing program might be unconstitutional. Quantitative easing (QE) is when a central bank buys government bonds from the market and, in doing so, puts cash to work doing all sorts of productive things for the economy. What Does This Mean? German courts don’t think…
Tag: German
Ep 62: That Shrinking Feeling
What’s Going On Here? German economic activity shrank in September for the first time in six and a half years – and the jury’s out on just how deep this rabbit-hole could go. What Does This Mean? Monthly surveys ask companies in the manufacturing and services sectors how busy they’ve been. And in September, those in the…
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