Lebron James (86843 views) Google

Lebron James
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As a result, the pressure will be on Draghi to convince that just because the Fed is on the move doesn’t mean the ECB is too. His stab at “forward guidance” last month was partially successful in calming markets but this is an ongoing process, not least because the ECB’s steer – that it expects rates to stay at record lows for an extended period – is vaguer than the Fed’s, which has attached any move to an unemployment target.
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