Posts Tagged ‘inflationary policy’


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European Central Bank: Draghi Steps into Deeply Entrenched Source of Monetary Evil


Thursday November 3rd, 2011   •   Posted by Emily Skarbek at 7:47am PDT   •   2 Comments

New president Mario Draghi takes the reigns of the ECB, lowering the benchmark rate 25 basis points to 1.25 percent. The move is touted as a step to avert a looming recession and offset the tension caused by the ongoing sovereign debt crisis. Draghi takes office in a climate of extreme uncertainty. Greece is…
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