The European Central Bank is widely expected to announce major stimulus measures on Thursday, aiming to revive sluggish growth and deflation in the eurozone. But will this prescription be strong enough to help Europe and what does this mean for the Euro? TheStreet’s Scott Gamm speaks with Dr. Reto Foellmi, economics professor at the University of St. Gallen, on whether Europe’s quantitative easing program will solve the region’s issues, what the stimulus means for the value of the euro and if Switzerland will respond again should the euro continue to decline in value.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
