ECB Fights Deflation in Surprise Rate Cut to 0.25%

ECB Fights Deflation in Surprise Rate Cut to 0.25% Play

Nov. 7 (Bloomberg) -- Bloomberg Economics Editor Michael McKee reports that the European Central Bank lowered its benchmark interest rate to a record low of 0.25 percent in an effort to fight a drop in inflation. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

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