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Home>The ECB Is Too Tight Absolutely and Relatively

The ECB Is Too Tight Absolutely and Relatively

Perspectives Content Submission

Mon, 20 Aug 2012

Over the past several months, the European Central Bank (ECB) has continuously claimed that its monetary stance is appropriately accommodative. At its last meeting on August 2, the ECB decided against rate cuts and other actions that would have eased its monetary stance. This is discouraging given
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