The European Central Bank (ECB) headquarters in Frankfurt, Germany.
ECB's Frankfurt headquarters © Reuters

On Thursday we published an incorrect story on that stated the European Central Bank had confounded expectations by deciding to hold interest rates rather than cut them. The story was published a few minutes before the decision to cut rates was announced.

The story was wrong and should not have been published. The article was one of two pre-written stories — covering different possible decisions — which had been prepared in advance of the announcement. Due to an editing error it was published when it should not have been. Automated feeds meant that the initial error was compounded by being simultaneously published on Twitter.

The FT deeply regrets this serious mistake and will immediately be reviewing its publication and workflow processes to ensure such an error cannot happen again. We apologise to all our readers.

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