DislikedCould the ECB cut rates?
By Steve Barrow
Published: February 8 2010 15:44 | Last updated: February 8 2010 15:44
Could the next interest rate move by the European Central Bank be a cut?
Steve Barrow, strategist at Standard Bank, says that while this may look a long shot, it is something that is slowly returning to investors’ radar screens.
“Very low inflation, faltering growth and budget tensions in the eurozone should, at least, imply steady rates through this year – and very possibly a cut,” he says.
Mr Barrow acknowledges...Ignored
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