Moneycontrol PRO

business

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

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347