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ECB Enters Wait-and-See Mode

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    At their policy meeting last month, the ECB governing council announced both conventional and unconventional decisions. In line with expectations, the governing council decided to cut the main policy rate by a further 25 basis points to 1% and to extend the maturity of its refinancing operations to a maximum...

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