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Posts by "macrosam"
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Posts by Anonymous "macrosam":
What outcomes would be beneficial to the euro in terms of near-term appreciation? Aside from an ECB rate hike, which is unlikely, would a withdrawal of Greece from the monetary union actually boost the value of the euro? Would any IMF, EU, or combination of the two funded solution create anything other than a short-term short covering rally?
Thank you
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April 7 (Bloomberg) -- Federal Reserve Bank of Kansas City
President Thomas Hoenig said the central bank should consider
starting to raise its key interest rate sometime soon to
about 1 percent to prevent asset bubbles from emerging.
I would view a move to 1 percent as simply a continuation
of our strategy to remove measures that were originally
implemented in response to the intensification of the financial
crisis that erupted in the fall of 2008 he said today in the
text of a speech in Sante Fe, New Mexico.