ECB Meeting and Interest Rate Announcement Live
|Global divergences in monetary have come to fore with the US letting QE 3 see a natural death even as BoJ Governor Kuroda has finally convinced the rest of the monetary board to go his way with another massive JGB buying program. But what of the ECB? Mario Draghi has been speaking of willingness to and been laying the ground for quantitative easing but still nothing. Let us explore the arguments for the ECB taking the next step beyond the current negative interest rates.
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