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ECB Could Cut Interest Rates I...

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ECB Could Cut Interest Rates In June

98FM
98FM

07:37 15 Apr 2014


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Tracker mortgage holders could be in line for a summer boost with a cut in rates.

International money markets are convinced that the ECB will be forced to reduce its key lending rate in June.

The record low rate of .25 percent is now expected to fall to .1 percent, to the benefit of 375 thousand tracker mortgage holders here.

 


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