OECD sees scope for ECB rate cut

The OECD's semiannual economic outlook report said with inflation pressures waning it is assumed the ECB will hold interest rates until the recovery firms, but there is scope for easing policy if the economic upturn stalls or the euro appreciates abruptly.

Source: AFP

The OECD says it sees scope for the European Central Bank to cut interest rates further if the region's economic recovery falters or the euro rises sharply.

But the Organisation for Economic Cooperation and Development (OECD) held

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