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Risk Appetite Rallies On Strong Stocks, ECB Cuts Rates By Quarter Point

Discussion in 'Fundamental Analysis' started by ActionForex.com, Apr 2, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The big news of the day was today's ECB interest rate decision. Economists expected a 50 basis point cut, but the bank delivered only a quarter point cut to 1.25%. The ECB is taking a gradual approach to bringing down rates and there is debate among policy makers whether to...

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