Financial markets look at ECB meeting

The continuing decline of the Euro is putting pressure on the ECB to raise its interest rates

Background

The financial markets will be monitoring today's

ECB'sgoverning Council meeting. The continuing decline of the Euro is putting pressure on the Bank to raise its interest rates. Although commentators are not expecting a rate rise, it will be interesting to see how the ECB will react to some countries' calls for more support of the currency.

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