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ECB Left Interest Rate Unchanged at 1.00% – February 9

posted by Avatar liorcohen 104 days ago in EUR, Monthly, Gold made popular 104 days ago

Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. In the press conference President of ECB, Mario Draghi offered a bleak outlook for the EU economy in 2012.
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