Yo, if anyone is listening to these clowns respected central bankers at the ECB
Nowotny speaking in a TV interview ... Bloomberg with the headlines:
- Euro area has an economic upswing
- ECB can counter asset bubbles with macroprudential steps
- Inflation is not our problem
-
So, I'm wondering why Nowotny wasn't mouthing off about better growth propects before the meeting? Its not like it was any great mystery ... Adam had this from Wednesday ... " This diminishes that probability of a large move from the ECB. The euro is rallying on this, it's bullish. "( ECB said to present largely unchanged macroeconomic forecasts - BBG ),
... and yet still Draghi had his mouth at 'pedal to the metal' despite his own frikkin' well-funded bank becoming more optimistic? Plonker.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
