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Has Draghi opened the floodgates?

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Has Draghi opened the floodgates?

F
Financial Times

2 Views • Mar 08, 2019

Description

Mario Draghi is tackling the dearth of small business loans with €400bn of cheap long-term loans, TLTROs. William De Vijlder of BNP Paribas Investment Partners discusses with John Authers whether this will open the floodgates or lead to stagnant water until the Fed raises rates.

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