ECB President Mario Draghi's ground - breaking QE program was meant to be a turbo engine to manage inflation — or help to fight deflation in this case, as inflation has already dipped into negative territory -LRB--0.6 % as of February, according to Bloomberg data)-- and to boost growth. (blackrockblog.com)
But the measures appeared to put meaningful downward pressure on exchange rates, which helped fight deflation and exports. (canadianbusiness.com)
After seven years of fighting deflation, central bankers may have at least won a battle, with implications for asset prices over the next 6 to 12 months. (morganstanley.com)