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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Fri 11 Nov 2008ECB policymakers hint strongly at further rate cut

European Central Bank policymakers today hinted strongly there would be a further interest rate cut when the ECB meets on December 4th.

However, Governing Council member Yves Mersch warned against expecting that the bank would lower rates more sharply than the two cuts it has made since October.

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