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Reuters: ECB situation different to Fed on rates: Bini Smaghi

Started by chris, December 21, 2008, 11:59:11 AM

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ECB situation different to Fed on rates: Bini Smaghi
      


ROME (Reuters) - The European Central Bank is in a very different situation to the U.S. Federal Reserve, which has cut interest rates almost to zero, ECB executive board member Lorenzo Bini Smaghi said in an interview published on Sunday.<div class="feedflare">
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