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Ecb Tightens Eurozone Monetary Conditions

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FRANKFURT (AFP) - The ECB signalled a
tightening of monetary conditions in the eurozone
following a decision to raise its key interest rate last week.
The indication came from a regular rollover refinancing operation, at which commercial banks cover their reserve ratio obligations to the central bank, which removed 3.5 billion euros (4.2 billion dollars) from the money supply in the 12-nation eurozone.

The I R clock is ticking for Gordon "Miracle Economy" Brown's day of judgment on his fiscal policies that has indebted the nation and destroyed the hopes of millions who cannot afford a place to live. Just as the ECB tightens the UK VIs abandon all to get the notes onto the street.

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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