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Media Call with Benn Steil on European Central Bank Meeting

April 2, 2014

Ahead of the April 3, 2014, meeting of the European Central Bank (ECB)'s rate-setting Governing Council, CFR Director of International Economics Benn Steil discussed why the expected shift toward more aggressive monetary stimulus will fail to revive private-sector credit without a more compelling bank recapitalization plan. Neil Irwin, senior economics correspondent at the New York Times, presided.


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