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Tag Archief: Trichet

Trichet’s code language

Press statements from central bankers are always spelled for coded messages. An interesting game is played between the bankers, and the press and financial analysts. The reason for this is that the bankers want to align the long term expectations with their preferred course of action, while keeping their options to act open. In the [...]

English Posts 16 May 2011 | 09:58
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