9.2 C
New York
Thursday, March 28, 2024

Live Webcast Of ECB Press Conference

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Update: Draghi says LTRO has been an “unquestionable success” but does not answer if there will be future LTROs. Bookmark this statement. Also says that ECB has to do things “together” when asked about Jens Weidmann criticism, with whom he says his relationship is excellent.

Will Goldman-alum Mario Draghi further infuriate German central bankers and announce additional easing steps by the ECB, whose balance sheet has become a “bad bank” punching bag for everyone who wishes to divert attention from their own problems, or will he, after flooding the world with €1 trillion since coming to power a few months ago, be satisfied for the time being and not preannounce another LTRO? Also, will he mention the previously noted collateral margin calls that have appeared recently like hairline fractures in the ECB’s balance sheet, discussing the specifics of why, how and where these come from, or will he conveniently skip this rather problematic issue? Find out during the Draghi press conference starting at 8:30 am Eastern.

1 COMMENT

Subscribe
Notify of
1 Comment
Inline Feedbacks
View all comments

Stay Connected

157,451FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

1
0
Would love your thoughts, please comment.x
()
x