ECB announces a cut in the interest rates down to 1.00%

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 1.00%, starting from the operation to be settled on 14 December 2011. The interest rate on the marginal lending facility will [...]
Category: Financial News
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