To QE or not QE? The ECB remains shy of the Fed’s call for more bo...
Paris, 5 May 2013
The ECB cut its policy rate by 25bp (to 0.5%). The economic climate continues to deteriorate in the Eurozone. In the United States, new figures show that growth – although still substantial – is somewhat decelerating.On the bond markets, yields are down sharply everywhere following the major central banks’ announcements.