It seems like a step away from the whole notion of monetary union, secondly, it is a pretty explicit acknowledgement of the credit risk that the ECB doesn't want to have on the balance sheet and that is a signal that they don't want to send. Luke Bartholomew More Quotes by Luke Bartholomew More Quotes From Luke Bartholomew These (jobs growth) are good numbers, but a rate cut in July is still all but inevitable. Luke Bartholomew company-news A rate cut in July is still all but inevitable, employment growth remains a bright spot amid a fairly mixed bag of U.S. data and yet markets have come to expect a cut now so (they) will fall out of bed if they don't get one. Luke Bartholomew business Today was a tone-setter for what is to come, the ECB's rhetoric really emphasises the fragile state of the European, and global, economy. Luke Bartholomew company-news We shouldn't get carried away with the scale, it may boost inflation expectations at the margin, but will probably only have a small positive effect on Europe's real economy. Luke Bartholomew world
 are good numbers, but a rate cut in July is still all bu...&pic=https://whatsmyquote.com/images/quote-304a0b03d3e3fc39ac9698e9b8d8f7bf.jpg&ralateUid=&language=zh_cn){kind=link}
 are good numbers, but a rate cut in July is still all but inevitable.&media=https://whatsmyquote.com/images/quote-304a0b03d3e3fc39ac9698e9b8d8f7bf.jpg){kind=link}