In what may be one of the most absurd things I have read today, Christian Noyer of the ECB said the following.
Risk appetite tends to increase when interest rates stay low and liquidity is perceived as abundant,
In case Mr. Noyer hasn’t opened a paper, turned on a TV, or been in an ECB meeting in the . . . → Read More: The ECB is worried about low rates?
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THE ECB AND GOOD LIQUIDITY VERSUS BAD
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