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ECB's plan will just act as an anesthetic: Expert

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  • Published On: September 07, 2012
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The markets may have reacted in a knee-jerk fashion to the ECB's potentially unlimited bond buying plan, but David Buik has a contrarian view. He says the ECB has only provided an anesthetic that will wear off sooner rather than later as there was no mention of detailed criteria under which the ECB would intervene.
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