ECB's Quaden says euro zone rates are low enough

On the eve of the meeting at the Bank for International Settlements, ECB Governing Council Member Guy Quaden told reporters on Sunday 7 September that euro zone interest rates had fallen far enough to support a rebound that was expected by year's end. "It is not a time to speculate about a new cut in interest rates," he said.

Source: Reuters

Central bankers from major countries gathered on Monday to discuss whether the sluggish world economy was finally starting to respond to stimulus from reco

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