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ECB Keeps Rates Unchanged
No change from the ECB as expected, and despite a hint by Draghi last time that the governing council may cut rates, it did not. The boredom continues until 8:30 am Eastern when Draghi takes the podium and resumes his rendition of Greenspan.
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.
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ECB decides not to commit suicide.
Or at least delay it for another day.
When will we start seeing the new Hitler?
It won't be long.
Economic catastrophe always brings out the loons--especially in Europe.
Another big war is forthcoming.
What a drag.
http://www.angrysinner.blogspot.kr/2013/01/yesterday-dragon-lady-served-beef-and_10.html
"when Draghi takes the podium and resumes his rendition of Greenspan" LOL
Time to ramp the futures...
Yep. Thanks.
The RUT is way up...you know...again.
I didn't think they could go negative officially...
@Navymugsy
Nominal rates are still positive, "real" rates are negative.
the recovery is strong and growing stronger so we will keep rates low as it is not as strong as stated and we lie alot
This for the next 5 years I think...
Like I been saying, just BTFD. New highs soon enough, bitches.
Hey look, futures are up on the shocking announcement that the ECB is currently holding rates unch. Must mean all is well in the world again, lets party like its 1994
The banksters are doing exactly that.
Fuck you Draghi, piece of Goldman shit.
And a big fuck you to Buffett who "guarantees" fucking banks this morning. Fucking die you old fucking two faced fucking crook.