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Janet Not Outdone by Mario - February 1, 2015

Janet Not Outdone by Mario - February 1, 2015

5 Years ago | February 01, 2015 00:00:00



Central Bank Blunders Continue
Markets are continuing to feel the after effecs from the long-delayed ECB decision over a week ago to start an aggressive Quantitative Ease (printing money) to stimulate economic growth in the European common currency area. Around that decision, nearly a dozen central banks have eased interest rates suggesting that for one reason or another the ECB had been holding up needed interest rate adjustments elsewhere. This appears to be another case of where poor policy execution by a central bank has been an uneccessary source of market instability. Recall, it was poor policy exection by the Swiss National Bank that cr

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