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Proper monetary policy a challenge for ECB: UniCredit

Marco Valli, chief Euro Zone Economist, UniCredit, says that the market will not pay much attention to what happens on the VIX front because having a rate at 0.75 or 0.5, when the monetary policy transmission mechanism does not work properly, that does not make any difference for the economy or there is only very marginal difference.

first published: Sep 5, 2012 03:44 pm

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