Thu, 07 Nov 2013 15:25:22 GMT
ECB cuts main rate to support inflation
The European Central Bank decided to decrease its main interest rate from 0.50% to 0.25%, as the region faces the high risk of consumer prices' decline, while the inflation decreased to 0.8% in October. It is worth pointing out that such a step was forecasted only by three of 70 analysts. At the same time, the ECB kept the deposit