Consumer Price Inflation, quantitative easing, long term refinancing and outright money transfers. Now that’s a lot of jargon, but what does it really mean?
In this edition of Real economy we go to Frankfurt, the home of the European Central Bank (ECB) to discuss monetary policy. Former ECB president Jean Claude Trichet is in the hotseat to discuss decisions taken by the Central Bank throughout the economic crisis.
Euronews presenter, Maithreyi Seetharaman, also meets ECB’s first ever Chief Economist Otmar Issing and Richard Porters, Professor of Economics from London Business School. Together they discuss how monetary policy impacts our daily lives and whether central bankers are thinking outside the box in this new ‘normal’.