The ECB’s measures are effective The ECB’s monetary policy measures make a key contribution to ensuring price stability in the euro area. They also support growth and employment. On 3 December 2015 the ECB expanded its asset purchase programme (APP) by extending it until at least March 2017 and reinvesting maturing bonds.
Globalization lifted hundreds of millions of people out of poverty and created the potential for hundreds of millions more to share their destiny. For Canada, it contributed to the secondlongest expansion in our nation's history – a period characterized by rising real incomes, surging employment, and low, stable, and predictable inflation. In recent years, however, the global economy has become increasingly unbalanced.