The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent on Thursday as the euro zone's worsening debt crisis outweighed the concern over persistently high inflation. The ECB also reduced the interest rate on its deposit ... ECB cuts rates to 1.25 percent in surprise move
Wednesday, November 2, 2011
ECB cuts rates to 1.25 percent in surprise move
The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent on Thursday as the euro zone's worsening debt crisis outweighed the concern over persistently high inflation. The ECB also reduced the interest rate on its deposit ... ECB cuts rates to 1.25 percent in surprise move
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