Bundesbank was against ECB's extra stimulus measures

 

Shock! Livesquawk with the news that Buba were not in favour of Draghi's pile of easing measures yesterday.

  • Fear a "doom loop" of high market expectations followed by disappointment
  • Weidmann happy to debate extra measures but may have preferred to do nothing

The WSJ have the article (gated) here

 

Latest numbers from the bond buying bods at the ECB week ending 9 September 2016

  • Bought 16.38bn vs 11.14bn prior
  • Total covered bonds 191.5bn vs 190.7bn prior
  • Total ABS 20.2bn vs 20.1bn prior
  • Total corp bonds 22.9bn vs 20.5bn prior


Reason: