Observatoire des droits humains (anglais seulement)

European Central Bank Cuts Key Interest Rate in Half

(Version anglaise seulement)

The European Central Bank has cut its benchmark interest rate in half in a new attempt to spur economic growth across the 17-nation euro currency bloc. The central bank trimmed the rate Thursday from one-half of a percent to a quarter percent, a record low for the eurozone. The bank's 23-member governing council in Frankfurt acted after a recent inflation report suggested the eurozone recovery from an 18-month recession remains weak. The report pegged inflation in the region at...

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