Property Market
 
Property Market

04/11: ECB gearing up for round of loan rate cuts

President Trichet has pushed the central bank's reach into the euro region's neighbouring economies as they struggle to cope with the financial crisis, and has approved record lending to banks. Economists predict the ECB will slash its benchmark rate, currently at 3.75pc, to 2.5pc by April after a likely cut on Thursday.

Continue reading from source:  Independent.ie


 


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