ECB Considers Interest Rate Caps; Can Such a Scheme Possibly Work?
August 19, 2012Spread the love
Here is a link to a translated article in Der Spiegel: ECB is planning to challenge interest rate speculation The European Central Bank (ECB) is considering to establish in its future bond purchases interest rate levels for each country. Thus, they would state papers of the crisis countries always buy when interest rates exceed a certain impact on their yields German Bunds.
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ECB Considers Interest Rate Caps; Can Such a Scheme Possibly Work?
