ECB will benefit from US Fed’s QE experience – expert

PARIS: The European Central Bank can benefit from its US counterpart’s solid track record with quantitative easing as it launches a similar programme next month, a prominent fund manager said.

“Sometimes going second has its advantages,” Brian Jacobsen, strategist for Wells Fargo Asset Management, told Agence France-Presse in an interview. “The ECB has learned a lot from having the Fed go first.”