Ten years since the European Central Bank raised interest rates, only to reverse course within months after Lehman Brothers collapsed and markets seized up, policy makers still are defending their action.The decision on July 3, 2008, to lift the…
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Ten years since the European Central Bank raised interest rates, only to reverse course within months after Lehman Brothers collapsed and markets seized up, policy makers still are defending their action.The decision on July 3, 2008, to lift the…