The speculation about the Swiss National Bank (SNB) knowing something when they de-pegged the Swiss Franc from the Euro proved true today as the European Central Bank (ECB) launched its own QE today in the form of a 1 trillion euro government bond buying program – approximately 60 billion per month, which is more than the 50 billion people were conjecturing.
This program will start in March 2015 and go through September 2016. This is […]