ECB CONSTANCIO SAYS THE FINANCIAL CYCLE TENDS TO HAVE LARGER AMPLITUDE AND LOWER FREQUENCY THAN THE NORMAL BUSINESS CYCLE. THIS IMPLIES THAT LONG PERIODS OF “DISCONNECT” BETWEEN THE TWO CYCLES CAN MATERIALISE
The material has been provided by InstaForex Company – www.instaforex.com
Ecb Constancio says the Financial Cycle Tends to have Larger Amplitude and Lower Frequency Than the Normal Business Cycle.
