ECB sticks to rates decision

SWITZERLAND - European Central Bank board member Eugenio Domingo Solans stressed the ECB's independence Monday and said it will not be pressured into cutting rates by political leaders in euro zone member states.

Despite calls by some of these countries for a cut, the ECB left its benchmark interest rate unchanged at 3.25 per cent on Thursday. But it dropped strong hints a rate cut may be on the cards soon, pointing to differences of opinion on its council, Reuters reported.

"I don't feel any p

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: