In an interview to CNBC-TV18, Moorad Choudhry, head-business treasury, RBS Global Banking and Markets says the new facility by the ECB is a much needed boost and shouldn’t be viewed as a negative.
Professor Moorad Choudhry, head of business treasury, global banking and markets at the Royal Bank of Scotland gives a more detailed perspective on what the Fed chairman did say or, in fact, didn't say, on Friday.