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ECB Action May Spur Easing by Other Central Banks

Thu 26 Jul 12 | 06:10 PM ET
Michael Gayed, Chief Investment Strategist, Pension Partners says ECB chief Mario Draghi had to step in with his remarks out of self-preservation for the euro zone. He says risk sentiment will come back if there's a global coordinated "shock and awe" by central banks.
 
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