Reuters reports:
The European Central Bank cut interest rates to a record low on Thursday to breathe life into a deteriorating euro zone economy and back up measures agreed by government leaders last week to tackle the bloc’s debt crisis.
The quarter-point cut in the ECB’s main refinancing rate to 0.75 percent was in line with market expectations and followed a dire batch of economic data that show even euro zone powerhouse Germany is entering a modest downturn.
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Nielsen: "I just want to thank the President, again." pic.twitter.com/5m8WSU9Xej — TPM Livewire (@TPMLiveWire) April 8, 2019
