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(Bloomberg)   Major banks predicting ECB rate cut next week from zip to bupkes   ( ) divider line
    More: Interesting, European Central Bank, RBs, ABN AMRO, interest rates, downside risk, Commerzbank, Daimler AG, UBSN  
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828 clicks; posted to Business » on 24 Apr 2013 at 9:56 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

3 Comments     (+0 »)
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2013-04-24 10:46:33 AM  
It won't do any good. The big companies are sitting on mountains of cash and don't need loans in a period of slumping demand. And small companies won't qualify for loans to expand, because...wait for it...demand is slumping. Rock, meet hard place.
2013-04-24 10:33:53 PM  
Didn't our good friends in Japan lay out negative interest at one point?

/Wait for it, waaait....
2013-04-25 12:23:27 AM  
I've never seen that word spelled out before.  Looks weird as hell.

Oh, also banks are evil, run the world, make us all their slaves, yadda yadda yadda
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