
European Central Bank: Changing the Debate
Bluford Putnam – How the ECB Got its Groove Back
Chief Economist Bluford Putnam talks about how the ECB has done an excellent job of changing the debate since Mario Draghi took over – and how that turnaround happened in stages. Mentioned are the cut in interest rates, liquidity, and ECB's stated refusal to become a "lender of last resort."
Video Length: less than one minute
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