TITLE

ECB rate cut 'will have limited impact'

AUTHOR(S)
Jackson, Gary
PUB. DATE
July 2012
SOURCE
Fundweb;7/5/2012, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the European Central Bank has decreased its key interest rate to a new record low, from one percent to 0.75 percent, after finding the low business confidence due to eurozone crisis in 2012. Although, economist Azad Zangana believes that the move will marginally support in eurozone economy. Whereas, economist Jennifer McKeown, suggested that the move will discourse some types of lending.
ACCESSION #
77668048

 

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