European Central Bank increases refi rate to 1.5% from 1.25% previously

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Shill
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European Central Bank increases refi rate to 1.5% from 1.25% previously

http://www.marketwatch.com/story/european-central-bank-hikes-refi-rate-to-15-2011-07-07

Edited by admin on 11/08/2014 - 06:05

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And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers.

C_Mälzer
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And the Euro goes for a

And the Euro goes for a dive... shouldn't it be the other way around? Or is this the priced in default risk of the Euro periphery?

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