Chat Marchet News Digest
Daily news and opinion from le Chat Marchet
December 4th, 2008 at 1:21 pm

Central banks slash interest rates to drive back recession (AFP)

Posted in: Uncategorized

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The Euro symbol stands in front of Frankfurt's Eurotower housing the European Central Bank, 2005. European central banks upped the ante sharply with a series of dramatic interest rate cuts to tame a deepening recession as France rolled out a 26-billion-euro economic stimulus plan.(AFP/File/John Macdougall)AFP - European central banks upped the ante sharply on Thursday with a series of dramatic interest rate cuts to tame a deepening recession as France rolled out a 26-billion-euro economic stimulus plan.


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