Germany’s Ifo Drops in April, Raising Odds of ECB Cut
The Center of the Universe » ECB 2013-08-11
Summary:
And a rate cut only makes it worse, as per the interest income channels: Germany’s Ifo Drops in April, Raising Odds of ECB Cut April 24 (Bloomberg) — Germany’s Ifo index dropped in April, in a further sign that Europe’s largest economy is slowing. The business climate reading came in at 104.4 down from 106.7 [...]