Draghi Surprises With Rate Cuts; Will It Matter?

Macrobits by Marshall Auerback » Germany 2014-09-05

Summary:

The European Central Bank unexpectedly lowered all its interest rates to fresh record lows and took its rate on bank deposits further into negative territory, in an effort to keep ultralow inflation rates from undermining the eurozone’s fragile recovery. The … Continue reading

Link:

http://macrobits.pinetreecapital.com/draghi-surprises-rate-cuts-will-matter/?utm_source=rss&utm_medium=rss&utm_campaign=draghi-surprises-rate-cuts-will-matter

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euro-exit » Macrobits by Marshall Auerback » Germany
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Tags:

austerity banking blog post debt ecb economy eurozone finance france germany government inflation marshall auerback politics recession russia spain ukraine united kingdom

Authors:

Marshall Auerback

Date tagged:

09/05/2014, 07:51

Date published:

09/05/2014, 07:00