TITLE

ECB cuts interest rates to record low

AUTHOR(S)
Yarker, Jon
PUB. DATE
June 2014
SOURCE
Fundweb;6/5/2014, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the interest rate on deposit facility decline by the European Central Bank (ECB) to -0.10 percent and lowered the benchmark interest rate to 0.15 per cent. Capital Economics Ltd. senior European economist Jennifer McKeown states that the ECB's decision to cut both the main refinancing and deposit rates comes as no surprise.
ACCESSION #
96429828

 

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