> link to open resource.
> [THIS ASSINIGHMENT’S ANSWER WILL BASED ON THE POWERPOINT BECUASE THIS ANSWER
> SHOULD BE BASED ON WHAT WE HAVE LEARENED IN CLASS, READ THE POWERPOINT FIRST
> AND THEN ANSWER.]
> Article Analysis #7.
> Prompts: In general, explain the actions of the European Central Bank (the
> European counterpart of the US Federal Reserve) in terms of what we’ve
> learned in class–why are they holding rates low? Why are they starting to
> purchase bonds in large quantities? How would this explain the analysts’
> expectations of growth of GDP increasing from 1.0% to 1.5%? Why is what
> Europe does important to the United States? Why might the United States be
> tapering off their Quantative Easing (purchasing bonds at a high rate)
> recently, and what might have prompted the European Central Bank to start
> purchasing bonds at a high rate?
> Why the focus in interest rates and unemployment and why can they keep the
> interest rates low? How do bond purchases tie in with the interest rates?