ECB rate-cut odds rising as fears of deeper recession intensify

Will Mario Draghi wield the rate-cutting ax next week? With even Germany’s purchasing managers’ index pointing to a contraction in private-sector activity in April, economists are boosting the odds of a rate cut by the European Central Bank as early as its May 2 policy meeting. “All in all, the…

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ECB rate-cut odds rising as fears of deeper recession intensify

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