Draghi: Responding to a question of whether a rate cut is even conceivable considering the...
Draghi: Responding to a question of whether a rate cut is even conceivable considering the "broken transmission mechanism," Draghi says the ECB's use of non-standard measures (OMT) "speaks for itself." In other words, the bank believes a rate cut will be of little use, so don't expect one. So the dollar will remain more favored than the euro as the borrowing currency for carry traders?
From other sites
at CNBC.com (Mar 16, 2015)
at CNBC.com (Mar 11, 2015)
at CNBC.com (Jan 15, 2015)
at MarketWatch.com (Jan 7, 2015)
at Benzinga.com (Jan 5, 2015)
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