Wednesday, February 19, 2014

Roubini : ECB Has Room to Ease Credit While Weakening Euro

“You need to have some degree of monetary easing and credit easing, possibly negative deposit rates, to weaken the euro, to ease financial conditions, to jump start credit growth,” Roubini, the co-founder of Roubini Global Economics LLC, said in an interview with Bloomberg Television in Rome today. “I don’t expect action in this direction very soon, but I would say some things the ECB can do are not controversial.” - in Bloomberg

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Related Posts Plugin for WordPress, Blogger...