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Thursday, July 5, 2012

Roubini : Central Banks Worldwide are Worried

Nouriel Roubini : " ECB brings deposit rate to 0%. But it could in the future push it to a negative rate to induce banks not to hoard excess reserves at the ECB Expand "
"Trifecta today of monetary easing / policy rate cuts: PBOC, BOE & now ECB. A clear sign of how weak global growth is & how worried CBs are" - in twitter
NOURIEL ROUBINI BLOG