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View Full Version : ECB cuts interest rates again to battle recession


royong
16-01-2009, 00:19
The European Central Bank cut its main lending rate for the fourth time in a row on Thursday, lowering it half a point to 2.00 percent, as it tries to battle a deepening recession in the 16-nation eurozone.

More... (http://sg.news.yahoo.com/afp/20090115/tts-ecb-eurozone-bank-rate-forex-c1b2fc3.html)