AFS Group is an independent European multi-asset class broker, acting as an intermediary for Financial Institutions, Corporate Clients and Government Entities.
When it comes to the Coronavirus outbreak, ECB-speakers are still with their collective heads in the sand. Expect Lagarde & Co to stay behind the curve as they don't see ensuring macroeconomic stability as their job. https://t.co/hWeFmPYAJG
Like most European institutions, the ECB has run out of imagination. The low growth, low inflation and low interest environment is a self-inflicted problem that can be solved by overhauling the destructive Maastricht treaty: https://t.co/VtBhe9uvAl
The ECB could be forced to lower the amount of excess reserves that are exempted from the negative deposit rate because of runaway money market rates: https://t.co/4AoU4Xznkp