Tag Archives: “QE Already Working” Says IMF Lagarde; Ho-Hum Details Announced; Gold The Place To Be

Mish / Mike Shedlock – “QE Already Working” Says IMF Lagarde; Ho-Hum Details Announced; Gold The Place To Be – 22 January 2015

MishMikeShedlockToday, ECB president announce the much awaited QE program that will allegedly save Europe from the imaginary perils of price deflation. See Deflation Bonanza! (And the Fool’s Mission to Stop It).

Stocks are up a bit, the dollar is up a bit, the yen is up a bit, and gold is up a bit. Oil is down a bit.

The details are more or less along the lines most thought, not the celestial “big bang” that everyone hoped.

ECB QE Press Release Continue reading