Question: Two years ago the Euro sinks to its lowest level against the dollar.
To stimulate the region's economy, the European Central Bank was poised to print billions of Euros as part of a full-blown quantitative easing program.
The Quantitative Easing was expected to make long-term interest rate lower and driving down the value of the euro. Analyst argued that it was good news for American tourists.
What is Quantitative Easing Policy? How it affect the value of Euro? Do you think it is good for American Business and Tourists?