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December 8, 2011

ECB Expected to Cut Rates, EU Summit Waits in Wings

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The European Central Bank is widely expected to cut interest rates back to a record low of 1 percent from the current 1.25 percent on Thursday and provide longer-term loans to banks that are struggling to find funding. The ECB's meeting is a prelude to the closely-watched summit of European heads... FF News: Fundamental

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