Fed, ECB, BOJ - ***Axis of Liquidity***

A

aeliodon

I think the consensus for the Fed today is unchanged rates and policy statement. Rate stands at 5.25% right now.

ECB policy/rate statment due tommorow morning. Where does the ECB stand and what is the consensus. I think the ECB rate is near 3.25% - which is pitifully low but not as low as the BOJ which is pretty much 0%.
 
The Axis of Liquidity is the real Axis of Evil - never missing opportunity to devalue wealth in such a way that only bankers (themselves) profit in the long run.
When rates barely cover inflation net taxes - then the message is don't bother to save/invest for tommorow.
 
Okay so ECB rates currently stand at 3.75% and the consensus is a rise to 4% for June. That just makes the Euro even more attractive if the Fed leaves rates unchanged. I think Ben needs to raise one last time to show he's not a pussy and he's not going to allow the dollar to get hammered over and over again.
 
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