What to Expect for the ECB and BoE Rate Decisions
By:
Kathy Lien
Posted on November 05, 2008 at 17:34 PM EST
European Central Bank: Another 50bp Rate Cut Expected The biggest event risk this week for the Euro is the European Central Bank interest rate decision. Weak economic data and softer inflationary pressures will force the ECB to take interest rates below 3 percent. A rate cut will not be a surprise since [...]
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