Europe Hooked on Easy Money Too: ECB President Draghi Threatens Another LTRO, Sings Praises of Excess Liquidity
September 23, 2013Spread the love
Anyway, it’s liquidity full throttle in the Eurozone as well because Draghi Says ECB Will Offer More Long-Term Loans If Needed. “We are ready to use any instrument, including another LTRO if needed, to maintain the short term money markets at the level that is warranted by our assessment of inflation in the medium term,†Draghi said in response to questions from lawmakers in the European Parliament in Brussels today.
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Europe Hooked on Easy Money Too: ECB President Draghi Threatens Another LTRO, Sings Praises of Excess Liquidity
