Banks' reluctance to lend as they strive to repair their overstretched balance-sheets is impairing the effectiveness of monetary policy.
ECONOMIST: Britain's economy: Combating the recession | The
However, Mr. Draghi didn't announce any more such measures but reiterated that the unconventional measures already in place have served to improve the effectiveness of the ECB's monetary policy.
WSJ: European Stocks Post Small Losses
The data send mixed signals to the Federal Reserve and the public about the effectiveness of the Fed's policy of monetary easing.
FORBES: Magazine Article
应用推荐
模块上移
模块下移
不移动