DislikedG'morning Infinitus & everyone, Question for everyone but in particular those that know German politics. Would Mario get the OK from the Bundesbank and Merkel to cut rates to a negative return on deposit before the September elections?Ignored
What it boils down to is not whether Draghi gets the 'nod' from Germany, but rather how many other council members agree to cut the deposit rate. After all, the ECB governing council is independent.. right? Right???
Those who say it cannot be done should not interrupt those who are doing it