ECB Following Path of Japan, Including Similarly Ridiculous Statements

ECB Following Path of Japan, Including Similarly Ridiculous Statements

November 10, 2013 0 By News Desk
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For example, ECB Executive Board member Benoit Coeure says "ECB Can Cut Rates Further, Offer Liquidity" . The European Central Bank can trim interest rates further and provide the banking system with liquidity, ECB Executive Board member Benoit Coeure said on Saturday after last week’s rate cut to a record low.

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ECB Following Path of Japan, Including Similarly Ridiculous Statements