monetary policy
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ECB set for rate cut as inflation falls sharply

ECB set for rate cut as inflation falls sharply | monetary policy | Scoop.it
FRANKFURT (Reuters) - The European Central Bank is expected to cut its main interest rate for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do...

Via David Simpson
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ECB slashes interest rates to historic low — RT Business

ECB slashes interest rates to historic low — RT Business | monetary policy | Scoop.it
The European Central Bank (ECB) has cut its refinancing interest rate to a record low of 0.50%, in a bid to kick-start the eurozone's sluggish economy, but the change is thought unlikely to filter down to crisis-stricken ...
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ECB Takes Interest Rate To Historic Low | RDP Newmans Blog

ECB Takes Interest Rate To Historic Low | RDP Newmans Blog | monetary policy | Scoop.it
ECB Takes Interest Rate To Historic Low - read http://t.co/pBD2aa1WFf to find out more. http://t.co/8cgc9rO5zL
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Sink QE! (the money-printing plan, that is)

Sink QE! (the money-printing plan, that is) | monetary policy | Scoop.it

by John Crudele:

Quantitative easing must die!

 

The Federal Reserve made it official yesterday, saying it’s full steam ahead for the money-printing operation that is creating all sorts of financial dislocations without helping the economy grow very much.

 

Nobody expected anything different, although Wall Street had been hoping Fed policymakers would lose what little sense they have left and print even more money.

 

As Fed Chairman Ben Bernanke apparently prepares to retreat into the safety of academia, it is time to look at the damage QE (think crinkly C-notes, not luxury cruise liners) is doing.

 

First, QE’s scant achievements.

 

By pumping an excessive amount of money into the banking system, QE may have saved the US financial system from catastrophe.

May have! That is, if you buy the argument being sold mainly by frantic members of Congress whining on TV that the banking system was near collapse in the early days of the ...


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Euribor interest rate plummets to 0.5 per cent – the lowest ever

Euribor interest rate plummets to 0.5 per cent – the lowest ever | monetary policy | Scoop.it
Euribor interest rate plummets to 0.5 per cent – the lowest ever - Spanish news, news from Spain by thinkSPAIN.com (RT@ThinkSpain NEWS: Euribor interest rate plummets to 0.5 per cent - the lowest ever: INTEREST rates in ...
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