The ECB is lowering their benchmark rate with 25bp tot 1.25%. Everybody was awaiting 50 bp. Hey, Europe seems to be in a better shape than everybody is assuming. This crisis is between the ears, of course.
Elsewhere we will hear more today of the FASB’s amendment to mark-to-market accounting rules, set to be approved today.
Elsewhere we will hear more today of the FASB’s amendment to mark-to-market accounting rules, set to be approved today.
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