Bloomberg News

Daiwa Sees ECB Rate Cuts In December, March, Revising Its Call

October 14, 2011

Oct. 14 (Bloomberg) -- The European Central Bank will cut its benchmark lending rate by 25 basis points in December and again in March, Daiwa Capital Markets economist Tobias Blattner said, revising a previous call that the ECB would keep its key rate at 1.5 percent until the end of 2012. Blattner commented in a note to investors today.

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


Burger King's Young Buns
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