Euro - European Central Bank Cuts Rates 50bps to 3.25% As Expected, Signals More to Come

Euro - European Central Bank Cuts Rates 50bps to 3.25% As Expected, Signals More to Come

Published by DavidWaring
11-06-2008

Euro - European Central Bank Cuts Rates 50bps to 3.25% As Expected, Signals More to Come

Euro - European Central Bank Cuts Rates 50bps to 3.25% As Expected, Signals More to Come

At 7:45 ET on Thursday, the European Central Bank (ECB) cut rates in line with expectations by 50 basis points to a nearly 2-year low of 3.25 percent....

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