Not exact matches
Some policymakers feel the central
bank has
already undercut its credibility by raising interest rates while inflation remains so
weak.
«The expectations were low
already, so when you think about JPMorgan — and this also relates to
Bank of America and Citigroup — JPM met or slightly exceeded expectations, but the macroeconomic environment is
weak, and that really bled through into some of the investment
banking results.
Would a collapse in Italian or Spanish bonds crack the
weak balance sheets of the
banks which own these securities and
already have unsustainable levels of NPLs?
At a time when confidence was fragile, living standards falling, interest rates
already at record lows,
banks weak and inward - looking and when our main trading partner was in crisis...