EU ECB cuts Interest Rate to 0.25% in November from 0.5%

Nov 7, 2013

EUR/GBP slightly higher after BoE

As expected the BoE decision didn't take market by surprise having little impact on the pound, which only weakened slightly in the wake of the statement.

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Nov 7, 2013

ECB cuts interest rates

The European Central Bank decided to cut the main refinancing operations rate and the lending facility rate Thursday, as some analysts had forecasted after inflation figures came in much lower than expected last week.

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