6 April, 2015 at 8:20 am in Construction
President Draghi is likely to reiterate the forward guidance that rates will remain here or lower for an extended period. He will also promise the ECB stands ready to do more if needed. Although the excess liquidity in the system is drained through the LTRO payments, Draghi is likely to argue that this will not necessarily force cheap nike air max up EONIA.
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