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No Rate Change From ECB Either
First the BOE, now the ECB, just as expected.
8 November 2012 - Monetary policy decisions
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.75%, 1.50% and 0.00% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.
It seems the Weidmann "loss" was not really a "loss" after all, since for all its talk the ECB has done, well, nothing.
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They decided today wasn't a good day to die.
Tomorrow isn't looking too good for dying, either.
Inevitability is still there...so why wait? Unless they want to go out in a blaze of Glory.
http://www.youtube.com/watch?v=AMVNxZ-70-g
LOL
I couldn't help but think of this
http://www.youtube.com/watch?v=Q6yFXY9JqEo
just as sad!!! :-D
The FED is the only one going all out and soon the USD will realise this
it will all trickle down soon
Silence heretic! High priest Dragi is speaking telling you what to believe!
it's alllll up to you Ben, and with Oblamya's reelection in the bag we know it's coming.
You want some more of this crap? Well.....alrighty then!
Right, because there is no real cost for creating capital out of thin air. - FAIL.
the ruling class loves fiat currency and interest rape manipulation that goes along with it.
http://covert.ias3.com/expose/