NOT FOR REPRINT
Page Printed from: treasuryandrisk.com/author/profile/jeff-black-bloomberg/?page=3
Sign In To follow
Central bank refrains from action despite clamor for further stimulus.
Central bank said to drop opposition to forcing losses on bank bondholders.
Central bank also lowers its rate on overnight deposits to zero.
May loans down 0.1%, in the first decline in more than two years.
OECD cites risk of vicious cycle that spills over to countries outside of euro region.