ITS ABOUT THE CASH NOTHING ELSE.
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ECB rate setters see decision on stimulus in October: sources
European Central Bank policymakers see October as the most likely date to decide whether to claw back stimulus and consider December, an option flagged by staff, as too late, four sources with direct knowledge of the discussion said. With the outlook for euro zone inflation still cloudy, policymakers feel too little data will have become available by their Sept. 7 meeting. They are also nervous about making changes just two weeks before elections in Germany, the biggest critic of the ECB's 2.3 trillion euro ($2.7 trillion) money printing, the sources told Reuters. Having been burned by a mini tantrum in financial ... (full story)
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Beware of robber banks (RB), bad advisors.
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