Eurozone weakness makes ECB interest rate cut more likely

  • 11 years ago
Economists increasingly believe that the European Central Bank is about to cut interest rates for the eurozone.

The feeling is that Mario Draghi and his fellow policymakers could reduce the benchmark rate from 0.75 percent to 0.5 percent at their meeting next week to help the region's economy which has slipped back into recession.

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http://www.euronews.net/