ECB Strikes Hawkish Tone on Interest Rates as U.S. Fed Plans …

December 15, 2008 on 10:28 am | In Uncategorized |
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While the US Federal Reserve is expected to cut its Federal Funds target rate to a record-low 0.5% at tomorrow’s (Tuesday) meeting of the Federal Open Market Committee, the European Central Bank (ECB) is signaling a reluctancy to drop …

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