ECB President Mario Draghi said on Wednesday the bank will look at a combination of policy tools when it meets on December 8 and that ultra-easy monetary policy has given governments in the region time for reforms. Those efforts need to be stepped up, he said.
A credible and effective quantitative easing (QE) programme can provide support to sovereign ratings and potentially reduce the risk of downgrades, relative to the counter-factual of no action, says Fitch Ratings.
Hans Goetti, CIO Asia, Finaport tells CNBC-TV18 that while he doesn't expect Greece to default; the chances that it will are quite high.
The Bank of England kept its quantitative easing programme of asset buying to prop up Britain's fragile economy at 275 billion pounds on Thursday, opting not to increase it after recent mixed economic data.
There may be a point at which global investors get indigestion from US money printing.