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ECB's Mersch warns against further moves

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 16, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Comment from ECB Governing Council member Yves Mersch Mersch said further rate moves would carry increased risks and that the ECB should be very cautious. He also had the gall to say that there is no evidence that bond markets have been significantly distorted. What more evidence could there be than negative rates?

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