“The talk of negative interest rates on deposits and that the ECB will consider such action is still relatively very vague and at an early stage, so it [market] is not really factoring in yet,” he said.
Sat, May 04, 2013 - Page 15 News List
Asian stocks rise after ECB cuts rates
READY TO ACT:On Thursday, the European Central Bank cut its benchmark interest rate by a quarter-point to 0.5 percent and said it was ready to ease further if needed
Reuters and AFP, SYDNEY and MUMBAI
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