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Smoking the euro (FXE -1%) but offering no help to European stocks (FEZ -3%) is the ECB's (and...

Smoking the euro (FXE -1%) but offering no help to European stocks (FEZ -3%) is the ECB's (and Germany's) hawkish Jens Weidmann suggesting the central bank could slash rates if punkish economic data keeps rolling in. He brushes aside the idea the region's debt crisis is anywhere near over. "The calm that we are currently seeing might be treacherous."
Comments (3)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    "suggesting the central bank could slash rates"

     

    Then he's not hawkish. The problem is not that rates are too high, and rate control is not the answer.
    17 Apr 2013, 12:55 PM Reply Like
  • minecanary
    , contributor
    Comments (452) | Send Message
     
    The unemployed won't be repaying their loans depending on whether the interest rate is .5 or 1%
    17 Apr 2013, 01:48 PM Reply Like
  • volosgirl
    , contributor
    Comments (20) | Send Message
     
    The rates are to high. Slash them. The Greeks who borrowed have huge loans will never pay them back. It's going on summer time.Meaning it off on vacation to the islands. They'll think about any payments on loans after September.
    17 Apr 2013, 02:19 PM Reply Like
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