ECB to keep interest rates low this year over recession fears

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Eurozone banks also promised extra liquidity as ECB follows in US Fed’s dovish footsteps

The European Central Bank has reacted to the threat of recession across the eurozone with a promise to keep interest rates at historically low levels for at least the rest of the year.

 

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And the next one too. And the one after that? You guessed it, low too. And the 50 years after that? Yeah low too. It's like they don't any other ideas, right?

-0.4% is negative, zero is zero - neither can be described as “low” - you are watching the collapse of the EU like when USSR collapsed in 1992 when it ran out of money and had high youth unemployment

Is it ok to wear my, 'the end is near' sandwich board now

EU, recession... not all milk and honey?

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