Deutsche Bank: QE Mightn’t Make a Difference

Deutsche Bank Co-CEO Anshu Jain warned on Wednesday that additional liquidity measures by the European Central Bank (ECB) would achieve little.

His comments come as markets are increasingly anticipating the launch of a bond buying program at the ECB’s monthly policy meeting and announcement on Thursday.

“We’re getting to the point where much more won’t make a difference,” Jain said. Speaking on the sidelines of a banking conference in Frankfurt, Germany, Jain said the group had “excellent momentum” but conceded that challenges linked to low interest rates would be “with us for a long time”.

CNBC

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