ECB Preview: The Debate Over the Rate Cut
January 15, 2009 at 00:32 AM EST
Of all the major central banks in the world, the ECB has been one of the least aggressive. Since the beginning of 2008, they have cut interest rates by only 150bp, an insignificant amount when compared to the actions taken by the BoE and the Fed. The ECB has been close lipped about how much they [...]
