{"id":17857,"title":"Is the ECB’s Policy of Low Interest Rates Correct?","link":"https:\/\/bst-europe.eu\/de\/investment-budget\/is-the-ecbs-policy-of-low-interest-rates-correct\/","date":"25. Januar 2018","date_unix":1516872888,"date_modified_unix":1754482766,"date_iso":"2018-01-25T09:34:48+00:00","content":"

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In the publication series \u201cEuropa briefing\u201d our colleagues from „Repair and Prepare: Strengthen the Euro<\/a>„, a joint project between the Bertelsmann Stiftung and the Jacques Delors Institut \u2013 Berlin, cover key topics of European politics and present possible scenarios. What is the problem? What might happen next? And what can politics do now? Each week, we will present one of these briefings for you on this blog. Alternatively, you can click here<\/a> to find all the Europa briefings on the website of the project. The Europa briefings were published first in November 2017<\/em><\/div>\n

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This Week’s Briefing: Low Interest Rates
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Since 2013, inflation in the euro area has been too low. In order to revive the economy and bring inflation back to target, the European Central Bank has implemented a low interest-rate policy which includes a bond-buying programme known as quantitative easing or QE. The ECB\u2019s measures, including historically ultra-low interest rates, also bear risks. For example, some observers fear the formation of a bubble in real estate and stock markets or complain about one-sided capital gains for wealthy households.<\/p>\n

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To get a better understanding of how it all works, simply click on the download window above to read the full brief.<\/p>\n

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\u201eThe Europa briefing series is published as part of \u201cRepair and Prepare: Strengthen the euro\u201d. For this project, the Bertelsmann Stiftung has joined forces with the Jacques Delors Institut \u2013 Berlin to provide a roadmap for a stronger Economic and Monetary <\/span>Union. You can find all briefings and further publications on the future of the Eurozone on the website of the project <\/span>www.strengthentheeuro.eu<\/span><\/a>.<\/span><\/em><\/div>\n
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\"171110_JDI_Low_Interest_Auskopplung_EN_Facts_ap\"<\/a><\/div>\n","excerpt":"

Over the past year, the ECB has implemented a low interest rate policy in order to revive the economy and stabilise inflation in the euro area. This includes an asset-buying program known as quantitative easing or QE. This briefing examines both benefits and risks of such a policy. How imminent are such risks and what other options for governments could there be? <\/p>\n","thumbnail":"https:\/\/bst-europe.eu\/wp-content\/uploads\/sites\/24\/2018\/01\/Interest-rates-title.jpg","thumbnailsquare":"https:\/\/bst-europe.eu\/wp-content\/uploads\/sites\/24\/2018\/01\/Interest-rates-title.jpg","authors":[{"id":17599,"name":"Philipp St\u00e4nder","link":"https:\/\/bst-europe.eu\/de\/blogger\/philipp-staender\/"}],"categories":[{"id":598,"name":"Investment & Budget","link":"https:\/\/bst-europe.eu\/category\/investment-budget\/"}],"tags":[{"id":151,"name":"Publications","link":"https:\/\/bst-europe.eu\/tag\/publications\/"}]}