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ECB To Cut Rates
ECB policy makers meeting in Frankfurt will lower the benchmark lending rate by half a percentage point to 2 percent, according to the median of 60 forecasts in a Bloomberg News survey. That would match the lowest rate since the ECB took charge of monetary policy in 1999. The bank will reduce ...
Trichet May Overcome Reluctance to Cut Rates as Slump Deepens
Trichet May Overcome Reluctance to Cut Rates as Slump Deepens
bloomberg.com — Jan. 15 (Bloomberg) -- The European Central Bank will cut interest rates today to counter the deepening... recession, even after President Jean-Claude Trichet signaled a reluctance to move this month, a survey of economists shows. ECB policy makers ... (more) Trichet May Overcome Reluctance to Cut Rates as Slump ...
We Almost Forgot, Among the Bailouts, A Rate Cut
traderdaily.com — In a sign of the extent to which eurozone policymakers have been taken aback by the ferocity... of the downturn, Jean-Claude Trichet, ECB president, warned growth forecasts it published only last month would have to be revised downwards. Even after ... (more) We Almost Forgot, Among the Bailouts, A Rate Cut
Video: ECB Rate Cut Speculation Weakens The Euro
dailymarkets.com — With investors firmly believing that the European Central Bank will slash its benchmark interest rate, both the... dollar and yen looked to benefit in trading against the euro this session. … [ visit site to read more ] (more) Video: ECB Rate Cut Speculation Weakens The Euro
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ECB To Cut Rates
Emini Addict — ... into recession as the global financial crisis hurts exports, damps spending and swells budget deficits across the region. “There’s no other option but to lower rates further,” said Jacques Cailloux, chief euro-area economist at Royal Bank of Scotland Group Plc in London. While it’s “highly unusual” for Trichet to refrain from signaling a cut, “I’ve reluctantly moved away from paying attention to ECB rhetoric and started to focus more on the economy,” Cailloux said. Trader Daily � ECB To Cut Rates ...

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