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A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: The EONIA heartbeat (none / 0)
One can see that it might make sense to raise interest rates.

For instance, raise the deposit rate by 0.50% to 0.75%, raise the refinacing rate by 0.25% to 1.25%, and leave the marginal rate unchanged at 1.75%.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Carrie (migeru at eurotrib dot com) on Thu Feb 24th, 2011 at 05:16:03 PM EST
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A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
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