Finally, we have news of ECB in action. We see efforts to depreciate the euro by lowering interest rates and compelling an exit from the currency. That should the European industry good.
We also hear of asset expansion by ECB; bold moves from a conservative central banking institution which has to take on board 18 national interests!
However, ECB has to be aggressive ; a few billions may not suffice ; if it hesitates, it might affect Europe and global markets.
We also hear of asset expansion by ECB; bold moves from a conservative central banking institution which has to take on board 18 national interests!
However, ECB has to be aggressive ; a few billions may not suffice ; if it hesitates, it might affect Europe and global markets.
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