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Whatís the ECB to do?
Started:November 3rd, 2011 (08:20 AM) by Quick Summary Views / Replies:542 / 0
Last Reply:November 3rd, 2011 (08:20 AM) Attachments:0

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Whatís the ECB to do?

Old November 3rd, 2011, 08:20 AM   #1 (permalink)
Quick Summary
Whatís the ECB to do?

Right now itís not about Greece, itís about the ability to contain contagion into Italy and other sovereign states. How much help is the region going to get from the ECB this morning? Until now, policy makers have been fulfilling the dual role mandate of stimulating growth and providing enough liquidity to grease the financial wheels by bond repurchasing. The market has priced in a +35% chance of a rate cut later this morning and a +100% chance of a [...]

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