Wednesday, March 29, 2017

Spooked by yield rise, ECB wary of changing message again: sources

European Central Bank policymakers are wary of making any new change to their policy message in April after small tweaks this month upset investors and raised the specter of a surge in borrowing costs for the bloc's indebted periphery. One ECB source said the bank has been overinterpreted by markets at its March 9 meeting....(read more)
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