The European Central Bank cut its benchmark interest rate by half of a percentage point to 2% on Thursday, matching its lowest-ever rate as inflation plummets and recession spreads.
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European Central Bank cuts rates to 2%
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European central bank moves to head off credit crunch
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US funds cut exposure to European banks
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Moody's cuts ratings of European banks
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Reserve Bank cuts interest rates
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Eurostat confirms recession of Eurozone
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Euro dealt a downward correction
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European central Bank opens door to rate cut
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LIBOR rate falls to 4.49%
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Eurozone will have short recession
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Rate cut on the cards:
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European Central Bank keeps benchmark interest rate of 1.0% unchanged
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US central Bank holds interest rates at record low
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Bank of England cuts rates to 5%
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European interest rates cut.
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Federal Reserve slashes interest rate
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US federal Reserve cuts interest rates