The European Central Bank (ECB) is expected to cut interest rates on Thursday (4 December) for the third time since October, amidst growing trouble for the eurozone economy.
Most analysts say they expected the bank to cut the key borrowing cost in the 15-strong euro area by 50 basis points to 2.75 percent, according both the Reuters and Bloomberg news agencies, but many foresee a 75 and some even a 100 basis point cut today at a meeting in Brussels.
The Frankfurt-based ECB cut its...
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