-
S&P Kraemer: ECB Rate Cut, Weaker Euro Good News For Exports
With an economy mired in the longest recession in 40 years and unemployment at unprecedented levels, a rate cut from the European Central Bank now looks likely in the next six months, according to Standard & Poor's Head of EMEA Sovereign Ratings Moritz Kraemer. In an interview with MNI, Kraemer also says that a weaker euro would be one benign result of a reduction in ECB policy rates. The comments were made prior to ECB President Mario Draghi's move to issue unprecedented policy guidance last week and reports that the Governing Council had been split over whether to reduce rates but were clarified by Kraemer in the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 10, 2013 7:26am Jul 10, 2013 7:26am
- jonathanhk
- | Joined Apr 2013 | Status: Member | 413 Comments
- Comment #2
- Quote
- Jul 10, 2013 9:39am Jul 10, 2013 9:39am
- Guest
- | IP XXX.XXX.159.54
- Comment #3
- Quote
- Jul 10, 2013 9:41am Jul 10, 2013 9:41am
- Guest
- | IP XXX.XXX.159.54
- Comment #4
- Quote
- Jul 10, 2013 9:53am Jul 10, 2013 9:53am
- Forex Kong
- | Commercial Member | Joined Feb 2013 | 301 Comments
I'm short humanity, and long interplanetary travel. Forexkong.kom
- Comment #5
- Quote
- Jul 10, 2013 11:39am Jul 10, 2013 11:39am
- Forex Kong
- | Commercial Member | Joined Feb 2013 | 301 Comments
I'm short humanity, and long interplanetary travel. Forexkong.kom
- Comment #6
- Quote
- Jul 10, 2013 12:54pm Jul 10, 2013 12:54pm
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #7
- Quote
- Jul 10, 2013 12:59pm Jul 10, 2013 12:59pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #8
- Quote
- Jul 10, 2013 1:01pm Jul 10, 2013 1:01pm
- Forex Kong
- | Commercial Member | Joined Feb 2013 | 301 Comments
I'm short humanity, and long interplanetary travel. Forexkong.kom
- Comment #9
- Quote
- Jul 10, 2013 1:53pm Jul 10, 2013 1:53pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #10
- Quote
- Jul 10, 2013 2:38pm Jul 10, 2013 2:38pm
- Forex Kong
- | Commercial Member | Joined Feb 2013 | 301 Comments
I'm short humanity, and long interplanetary travel. Forexkong.kom
- Comment #11
- Quote
- Jul 10, 2013 3:52pm Jul 10, 2013 3:52pm
- Fx Hiflyer
- | Joined Oct 2012 | Status: Member | 343 Comments