Comment Comment by pas The ECB QE program keeps bond yields down (especially long term [riskier] ones), thereby pushing "interest rate" down, which has an inflatory effect. Now, the CPI in the Eurozone is about 1.3% now http://ec.europa.eu/eurostat/web/hicp/publications/news-rele... .. and it was about 0.5% last year: https://pbs.twimg.com/media/C5v91Y9WQAEyM0j.jpgYes, this drives bank savings account rates down to nothing, thus people are looking for better "investments". parent pas 9 years ago
Yes, this drives bank savings account rates down to nothing, thus people are looking for better "investments".