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The Euro Just Dived On News That Germany's Bundesbank Might Support More Easing
Business Insider ^
| May 13 2014
| Joe Weisenthal
Posted on 05/13/2014 3:34:28 AM PDT by PoloSec
This is a shocker.
According to reports, the Bundesbank Germany's famously hard-money loving central bank might be willing to engage in more stimulus if inflation forecasts decline.
The WSJ says the Bundesbank is open to "significant" stimulus, including possibly negative rates.
The euro is diving
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy; Germany; News/Current Events
KEYWORDS: euro; europeanunion; germany; nato
Graph at site, amazing dive!
posted on 05/13/2014 3:34:28 AM PDT
While the graph looks dramatic, and it does, the amount is very tiny in the grand scheme. We’re talking about a half cent. Not too much to get excited about.
posted on 05/13/2014 4:25:03 AM PDT
I’m in agreement. Just a glance at the scale of the chart? Let’s see this in 2-3 days on a wider scale.
posted on 05/13/2014 5:35:31 AM PDT
(Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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