''The European Central Bank will buy 60 billion euros in government and private bonds each month starting in March to stimulate the European economy and help avert a recession for the currency alliance.
The stimulus program the ECB announced Thursday is intended to boost borrowing and help avert a recession for the alliance of 19 countries. The ECB's governing council will buy the bonds with new money through March 2016.''
Ken Lester - Desautels Faculty of Management
He can comment on the impact of the European Central Bank's actions.
klester [at] lesterasset.com (Email)