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ECB cuts interest rates by 25bps

Posted by Tracy Alloway on Apr 02 12:53.

The ECB’s taking a very slow road to Zirp, cutting rates by just 25bps to 1.25 per cent, instead of the 50bps widely expected.

Bloomberg - ECB rates

No word yet on changes to the all-important deposit facility.

This entry was posted by Tracy Alloway on Thursday, April 2nd, 2009 at 12:53 and is filed under Capital markets. Tagged with , . Edit this entry.

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