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ECB Cuts Benchmark Rate 0.25%
The European Central Bank announces a benchmark interest rate cut of 0.25 percent to 0.75 percent, and cuts deposit rates to zero from 0.25 percent. Adam Lerrick, American Enterprise Institute scholar, provides perspective on the ECB's decision and its impact on Europe's economy, with Jon Hilsenrath, Wall Street Journal chief economics correspondent, and Robert Brusca, FAO Economics chief economist.
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ECB Cuts Benchmark Rate 0.25%
The European Central Bank announces a benchmark interest rate cut of 0.25 percent to 0.75 percent, and cuts deposit rates to zero from 0.25 percent. Adam Lerrick, American Enterprise Institute scholar, provides perspective on the ECB's decision and its impact on Europe's economy, with Jon Hilsenrath, Wall Street Journal chief economics correspondent, and Robert Brusca, FAO Economics chief economist.
Date: 7/5/12
Views: 269
Video by:  CNBC
 
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