FRANKFURT (MarketWatch)
The European Central Bank on Thursday cut its key lending rate to 1.25% from 1.5%.
Economists had largely expected the ECB to maintain the rate at 1.5%, but held out the possibility of a cut.
ECB cuts key rate to 1.25% from 1.5%
FRANKFURT (MarketWatch)
The European Central Bank on Thursday cut its key lending rate to 1.25% from 1.5%.
Economists had largely expected the ECB to maintain the rate at 1.5%, but held out the possibility of a cut.
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