ECB Decision Not What Was Needed: Munich Re's Menhart

The video discusses the European Central Bank's (ECB) monetary policy, focusing on tapering, asset purchases, and the influence of the Bundesbank. It highlights the ECB's response to political uncertainty in 2017, the impact of ECB and Federal Reserve policies on transatlantic trade and currency, and the ECB's bond purchase strategy. The video concludes with an analysis of the Eurozone's economic outlook, including growth, inflation, and the ECB's role.

What factors could lead to a divergence in monetary policy between Europe and the USA?

Discuss the economic justification for extending the asset purchase program in the eurozone.

What are the implications of the ECB's asset purchase program on the euro's value?