Papademos - ECB may have leeway for rate cuts

ECB Vice President Lucas Papademos told Corriere della Sera newspaper in an interview Friday that the economic situation had changed little since the ECB last cut its key interest rate in June and that "we might have room for manoeuvre in the future" if future economic data deems it necessary.

Source: Corriere della Sera

The European Central Bank might have room for further monetary easing, but only if future economic data deems it necessary, ECB Vice President Lucas Papademos was quoted as say

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