Bloomberg News

Trichet Says Council Discussed Rate Cut, Other Options

October 06, 2011

Oct. 6 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said cutting interest rates was part of the discussions at today’s governing council meeting.

“There has been a discussion on the pros and cons of decreasing rates or keeping rates where they are,” Trichet said at a press conference in Berlin today. “After a long discussion we have decided by consensus to maintian rates.”

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Gabi Thesing at gthesing@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus