Draghi hints at governing council rate split

draghi-ecb

Mario Draghi suggested the European Central Bank's (ECB) governing council was divided over whether to cut rates today, as the central bank again lowered its 2013 growth projections.

Draghi confirmed the possibility of a rate cut was discussed, but the "prevailing consensus" was to hold the benchmark interest rate at 0.75%, indicating that at least one member of the council advocated a rate cut.

In a press conference after the council's meeting, the ECB president revealed his staff's latest

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