The European Central Bank’s policy rate, at minus 0.4%, is already nearly 3 percentage points below the Fed’s.
And last week ECB President Mario Draghi strongly hinted it will soon go further into negative territory. Fed officials have concluded they cannot permit U.S. rates to deviate too far from their foreign counterparts’. So even though the U.S. economy...
Source: Loan Digest (loandigest.net)
greg_ip
greg_ip
greg_ip The Trump tariffs, foolish as they are, cause a strengthening of the USD. So, in addition to a socialist subsidy of our farmers, we need to lower our interest rates in an economy that doesn’t warrant it. We are very poorly led economically.
greg_ip European citizens should demand transparency about how Brussels invest their money overseas. EU and its partners have been using without my consent one of my Artworks since 8 years ago and in 2014 have PLAGIARIZED the same Artwork. My letter Eu_commission
greg_ip That means rate down
greg_ip same basic fed as 2008
greg_ip ECB's 24-Hour interbank lending rate: -0.4%.
greg_ip why?
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