DislikedIf the ECB had guts, they would cut 50 bps tomorrow, which is precisely what is needed to have some hope of getting some economic activity going, although I feel, even that would be too little too late.
Anyway, it won´t happen because they are controlled by the Bundesbank. The Germans think that Europe is only them. Everyone needs the cut except Germany, so there won´t be a cut.Ignored
That's the main problem of europe. Let's wait for the François Holland effect may shake Merkl.
Germany does not take action because it is in their comfort zone.
Let's wait and see.
Regards.