Table – EZ Economy and Perf Since Last ECB Mtg

The European Central Bank is gearing up for a monetary policy announcement tomorrow. Based on the following table, which shows broad based weakness in the EZ economy since the May meeting, they need to ease. Whether it happens now or in July is still an open question, but the central bank can’t sit by idly and do nothing for much longer.

2012 eurusd forecast ECB ecb ltro Kathy Lien

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