business

ECB rate cut not enough to keep markets satisfied: Lloyds

Trevor Williams, chief economist, Lloyds, says that after Draghi‘s comment bond yields are up almost 30 bps. Although the rate cut of 25 bps, which brings the ECB rates to a record low of 0.75%, is not satisfied to keep the markets satisfied. The markets are more worried after Draghi comment.

first published: Jul 5, 2012 09:34 pm