ECB's Willful Ignorance: Leaking Central Bank Says Austerity "Compliments" QE
May 22, 2015 at 04:53 AM EDT
The ECB’s Benoit Coeure pulled a Janet Yellen and told a non-public audience of hedge funds that because markets are usually less liquid in the July-August "lull", the central bank would be "slightly" front-loading PSPP purchases in May and June.
