Easy Money: ECB Embarks on Risky Experiment
SPIEGEL ONLINE - International - Euro Crisis 2013-12-20
Summary:
Last week's ECB interest rate cut was aimed at averting deflation and shows that the central bank is following the risky policy of monetary expansion adopted by Japan and the United States. Despite the latest figures, inflation is by no means banished.
Link:
http://www.spiegel.de/international/europe/analysis-of-ecb-interest-rate-cut-and-risk-of-euro-zone-deflation-a-932953.html#ref=rssFrom feeds:
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