Low ECB Rates For An “Extended Period”

Here’s why they hammered the Euro today:

The risks surrounding the economic outlook for the Euro area continue to be on the downside…the key ECB interest rates to remain at present or lower levels for an extended period of time.   – Mario Draghi

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One Response to Low ECB Rates For An “Extended Period”

  1. Kuldip Singh says:

    What will it take for these guys to see the writing on the wall! Hopefully, Cyprus will be the first pin to fall, ie leave the Euro.

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