Did European Central Bank president Jean-Claude Trichet just blink?
News over the wires is that Trichet just said the ECB is ready to provide UNLIMITED amounts of liquidity.
Trichet has said similar things in the past. The sound of the printing presses roaring will speak much louder than Trichet jawboning.
(ht2M)
Hey Robert,
ReplyDeleteWhere do you look at the ECB money growth numbers?