De Europese geruchtenmolen draait vandaag op volle toeren sinds de Fed en 5 andere centrale banken actie namen ter preventie van een bevriezing van de liquiditeiten. Er bereiken ons zoveel scenario’s, dat we niet goed weten waar we eerst moeten beginnen. Een interessante en realistische denkpiste is de volgende: de centrale bank actie zou een voorbode zijn van een reeks interventies door de ECB. Enkele mogelijkheden via MNI:

The ECB is currently mulling options to boost liquidity, including new refinancing operations with maturities of two or even three years. To ensure broad access to such operations, the ECB may also widen its collateral framework. Amid risks of a severe credit crunch in the Eurozone, the bank could announce such measures as early as next month, a well-placed Eurosystem source told MNI. The ECB might also help banks by cutting its main refinancing rate once again in December. Inflation remained at 3% in November, according to data released Wednesday, but medium-term inflation has ceased to be a concern while the region’s growth outlook is increasingly worrisome. “The ECB stands ready to cut further if deemed necessary, and recent economic data suggests it may well be,” another Eurosystem source told MNI. Importantly, sources also say that 1% is no longer seen as the floor for the main refi rate, opening the possibility for a 50 basis point cut, or for a series of smaller ones.