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Expect the ECB to respond to Greece by holding another LTRO, says Commerzbank's chief economist,...

  • Thursday, May 24, 2012, 7:30 AM ET
    Expect the ECB to respond to Greece by holding another LTRO, says Commerzbank's chief economist, adding he expects the bank to take its time about announcing such. "The growing uncertainty is poison for the economy," he says. He predicts a cheaper euro, not because of a run, but because the ECB will have the loosest monetary policy.
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  • 3 month euribor .68%....a 2 year low
    24 May 2012, 07:37 AM Reply Like
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