Saturday, June 16, 2012

ECB ready to rescue struggling banks and hints at rate cut

Central banks across the world checked their ammunition on Friday in preparation for any turmoil from Greece's election, with the European Central Bank hinting at an interest rate cut.

Source: http://telegraph.feedsportal.com/c/32726/f/579300/s/2061a6d6/l/0L0Stelegraph0O0Cfinance0Cfinancialcrisis0C93337290CECB0Eready0Eto0Erescue0Estruggling0Ebanks0Eand0Ehints0Eat0Erate0Ecut0Bhtml/story01.htm

Gordon Pierce more info

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