Updated
ECB’s inflation worries have traders fearing a rate cut go-slow
Cecile LefortMarkets reporter
Updated
The European Central Bank became the second major central bank to cut rates in as many days, although a more hawkish tone from officials has left traders wondering if the easing will be as quick as previously expected.
The ECB lowered the key deposit rate by a quarter-point to 3.75 per cent overnight, saying the inflation outlook had improved “markedly”.
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