Monday, January 19, 2015

The Danes que up.

Also noting that the Fed is fairly sanguine about the prospects for the U.S. economy in the coming quarters...quite the disparity.

Denmark on Monday became the latest European country to cut its interest rates as it attempted to dampen investor interest in the Danish krone ahead of the European Central Bank’s policy meeting on Thursday.
Nationalbank cut its deposit rate to minus 0.2% from minus 0.05%, and its lending rate to 0.05% from 0.2%.

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