ECB Needs to Buy From Non-Bank Private Sector: Stein

Jan. 14 (Bloomberg) -- Unless the European Central Bank acts on broad money supply by buying from the non-bank private sector, its anticipated quantitative easing plan won't affect inflation, says Gabriel Stein, director of asset management services at Oxford Economics. He talks with Anna Edwards, Mark Barton and Manus Cranny on Bloomberg Television's "Countdown." (Source: Bloomberg)

Mervyn King Is Not a Great Fan of Forward Guidance
49:38 - Former Bank of England Governor Mervyn King discusses the Federal Reserve's reaction function and the usefulness of forward guidance. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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