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We should not take this move seriously - yet. It is a conservative view and it play to the EU fear of inflation, but not overly much. I suspect it will not help the US, but it is not fatal either. Let us indulge our brothers in the EU, I think it will redoubt to our export advantage, and they their employment disadvantage. Low inflation and fewer sales sounds about right. Be patient.
Jun 08 22:25 pm
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All Comments by whidbey »ECB Move: An Opportunity To Trim International Exposure [View article]