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ECB Cuts Rates, Economists Hope For More

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ECB Cuts Rates, Economists Hope For More
AIRED:
A new five euro bill, unveiled by European Central Bank President Mario Draghi. Made public after the ECB cut its main interest rate by a quarter of a percent to a record low of 0.5% at its monthly meeting in Bratislava, Slovakia. But so far the ECB has resisted growing calls to print money, like others central banks such as the Bank of Japan and the Federal Reserve. The first rate cut in 10 months is intended to revive the euro zone's flagging economy.moreless
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