Financial Times FT.com

Trichet says ECB may cut rates

MADRID, October 27 – The European Central Bank could cut interest rates again at its next meeting on November 6, ECB president Jean-Claude Trichet said on Monday.

”I consider possible that the governing council will decrease interest rates once again at its next meeting on November 6. It is not a certainty, it is a possibility,” Trichet said in a speech at a banking conference in Madrid.

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