Pros and Cons of ECB Rate Cut

It all sounds so familiar: yet another low inflation shock in the euro zone increases pressure on the European Central Bank (ECB) to act.

Some economists have been calling on the ECB to pull the trigger at every month since it last cut interest rates in November. But they remain divided as to whether ECB President Mario Draghi will act at this Thursday’s monetary policy meeting – or indeed at any time in the near future.

Click here to look at arguments for and against the ECB intervening

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