The European Central Bank has cut its main interest rate by a quarter-point to a record 1.0 low, Reuters reports, ahead of an important EU summit in Brussels Thursday. Reuters reports that ECB President Mario Draghi is expected to announce further action to support teetering banks.
European Central Bank Cuts Interest Rates Ahead Of EU Summit
|
December 8, 2011 3:45 a.m.
Start your day with TPM.
Sign up for the Morning Memo newsletter
Have a tip? Send it Here!
