» ECB Firing Blanks Decision Economics

ECB Firing Blanks

Posted April 24, 2013 by rvillareal

  • Refi Cut being hinted at by ECB
  • When delivered next week, the ECB must convince markets that it not then impotent
  • DE View: The likelihood is that the ECB will cut the refi rate next Thursday, wary that any action otherwise would disappoint markets

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