08.26.14, 06:59 – Source: Financieel Dagblad
© anp.
National governments and the European Central Bank (ECB) should take incentives to a third party. Recession That put economists in the FD.
Now interest rates everywhere fall to historically low levels in Europe, takes the fear for a triple dip – after the credit crisis and the debt crisis – the financial markets. The euro fell Monday to its lowest level in 11 months after ECB President Mario Draghi hinted at the use of the printing press.
In anticipation of a large buy-back program of government bonds, interest rates fell sharply. “The odds that the ECB QE (loose monetary policy) introduces, have clearly increased,” said Nick Kounis of ABN Amro. Chief Economist Willem Buiter of Citigroup Joins Kounis and thinks ECB no longer a major QE program ‘ can not go
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