Thu, 06 Feb 2014 09:12:05 GMT
ECB may cut its interest rates on today's policy meeting
The European Central Bank may ease its monetary policy further on today's meeting as investors expect the bank to cut its interest rates by another 25 basis points, or 0.25%, after recent economic data revealed unfavourable results and slowing inflation. Investors bet on an interest rate of conventional 25 basis points, however, the cut may be lower of about 0.1-0.15%.