It has taken far too long for the European Central Bank to embark on quantitative easing but its belated action is no less welcome. On Thursday, Mario Draghiannounced that the ECB will purchase €60bn per month of eurozone bonds up to the end of 2016 to fight off incipient signs of deflation.
歐洲央行(ECB)拖延了太久才啟動量化寬松政策，但其遲來的行動仍是十分可喜的。周四，馬里奧?德拉吉(Mario Draghi)宣布歐洲央行將每月購買600億歐元的歐元區(qū)債券，可能持續(xù)至2016年底，以掐滅通縮的早期跡象。
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