Expect ECB to Cut Rates on Friday; Even a "Shock-and-Awe" Cut Won’t Help One Bit

Expect ECB to Cut Rates on Friday; Even a "Shock-and-Awe" Cut Won’t Help One Bit

May 1, 2013 0 By News Desk
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Echoing the opinion of Steen, please consider Investors may be fooling themselves about an ECB rate cut High hopes ride on the European Central Bank, which is set to make its latest monetary policy announcement on Thursday.

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Expect ECB to Cut Rates on Friday; Even a "Shock-and-Awe" Cut Won’t Help One Bit