Summary:
ECB vs Fed in who will blink first.. in past it was always the Fed but Trump may have flipped the script... “MAGA” position would be to not disadvantage US firms with higher rates vs foreign competitors...The European Central Bank left its crisis-fighting tools unchanged, asserting that its current stimulus settings are powerful enough to put the economy on track for a rebound later this year https://t.co/q3cMfhg1nq— Bloomberg Markets (@markets) April 22, 2021
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ECB vs Fed in who will blink first.. in past it was always the Fed but Trump may have flipped the script... “MAGA” position would be to not disadvantage US firms with higher rates vs foreign competitors...The European Central Bank left its crisis-fighting tools unchanged, asserting that its current stimulus settings are powerful enough to put the economy on track for a rebound later this year https://t.co/q3cMfhg1nq— Bloomberg Markets (@markets) April 22, 2021
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Mike Norman considers the following as important:
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The European Central Bank left its crisis-fighting tools unchanged, asserting that its current stimulus settings are powerful enough to put the economy on track for a rebound later this year https://t.co/q3cMfhg1nq
— Bloomberg Markets (@markets) April 22, 2021