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  • ECB to lift rates!?

    http://uk.reuters.com/article/busine...26740220080105

    For real, a CB that PROTECTS its money!?
    Mike

  • #2
    Re: ECB to lift rates!?

    Originally posted by Mega View Post
    http://uk.reuters.com/article/busine...26740220080105

    For real, a CB that PROTECTS its money!?
    Mike
    that's bubba* talking! they are acting as expected... hawkish. they might slam europe right into a deflation. the thing ej doesn't mention here is the other reason the boj raised rates while the nikkei crashed 33%: rising inflation.

    fred says the germans call their bank "bubba".

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    • #3
      Re: ECB to lift rates!?

      with the addition of malta and cyprus, "club med" now holds a majority on the ecb board. strong language from northern europe is required to maintain discipline.

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      • #4
        Re: ECB to lift rates!?

        Originally posted by metalman View Post
        that's bubba* talking! they are acting as expected... hawkish. they might slam europe right into a deflation. the thing ej doesn't mention here is the other reason the boj raised rates while the nikkei crashed 33%: rising inflation.

        fred says the germans call their bank "bubba".
        yeah, but maybe in German
        it means "small furry creature from Alpha Centuri",
        not "uneducated Southern white male; good old boy; redneck"

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