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Macroeconomics  |  October 11, 2012 09:50:28

Noyer (ECB): The rate cut was not so important, more important is the correct transmission in EMU


ECB's Noyer said yesterday that the rate cut does not matter that much more important to ensure proper monetary transmission across EMU. This - we agree - no. According to the U.S. economy is weakening, but enough to make a further reduction in the next few months at least discussed. It is true, however, that if the rates of 0.5% or 0.75% for Spain is one - there is sweat <Rebate ECB action now to ensure a uniform transmission

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Noyer (ECB): Na snížení sazeb už tolik nezáleží, důležitější je správná transmise v rámci EMU

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