# ECB launches an expanded asset-purchase programme

Date: 2015

On 22 January 2015 the ECB announced expanded asset purchases. QE lowered yields and supported credit. It also lifted asset prices. Mixed effects are split.

## People

- Mario Draghi: https://factrail.ai/people/mario-draghi

## Drivers

- Cost-of-Living Pressure: https://factrail.ai/drivers/econ-cost-of-living-pressure
- Income Inequality: https://factrail.ai/drivers/income-inequality

## Sources

- https://www.reuters.com/article/us-ecb-policy-idUSKBN0KV0Q620150122/
- https://www.ecb.europa.eu/press/pr/date/2015/html/pr150122_1.en.html

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/ecb-qe-2015