Europe has been
experiencing low inflation lately, with levels as low as .5%. This is becoming an issue and they are
looking at ways in which they can increase inflation and lower the real cost of
their debts. One of the options they are
considering is a quantitative easing program, and it is looking like they are
ready to go through with it. The
European Central Bank is setting the goal to have 2% inflation by 2016.
http://www.nytimes.com/2014/04/04/business/international/european-central-bank-leaves-rates-unchanged.html?ref=international&_r=0
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