Ex-Bundesbank chief Poehl - time ripe for ECB cut

EUROPE - Former Bundesbank President Karl Otto Poehl thinks the European Central Bank should cut interest rates in the face of slowing economic growth, he told a Swiss newspaper in an interview published on Mar 28, 2001.

"The time is ripe for a rate cut. We have a stable price environment and the money supply is growing in line with the European Central Bank's expectations," Poehl told the Tages-Anzeiger daily. "But above all the economy is weakening in Europe. I do not rule out that we will b

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