ECB “Only” Cuts Rates Back to Record Lows by 0.25%
December 08, 2011 at 08:03 AM EST
The whining has already begun as the ECB “only” cut rates by 25 basis points, back to a record low of 1% versus “demands” of 50 basis points. The ‘markets’ are used to Bernanke who will only ask how high to jump when the ‘markets’ ask him to. Of course if the ECB was run [...]
