China Financial Daily

March 7, 2009

President of European Central Bank Jean-Claude Trichet did not rule out continuing to cut interest rates

Filed under: Financial News — Tags: — Nancy @ 9:00 am -0800

President of European Central Bank Jean-Claude Trichet did not rule out continuing to cut interest rates
President of European Central Bank Jean-Claude Trichet said in Frankfurt on 5th, the European Central Bank did not rule out continuing to reduce the possibility of leading interest rates. European Central Bank announced on 5th that the leading euro-zone interest rates would from the previous 2% fall to 1.5%, which was the lowest interest rates since the euro started. Jean-Claude Trichet, at the press conference after the meeting of the interest rate decision-making said that the ECB has not yet decided on the 5th whether it will be the dominant current interest rates as the lowest level.

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