oecd ecb should cut rates
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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OECD: ECB should cut rates

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Emiratesvoice, emirates voice OECD: ECB should cut rates

Brussels - AFP

The ECB should cut interest rates further and the EU take bloc-wide measures to boost growth and ease the fiscal adjustment in the eurozone where crisis risks are intensifying, the OECD said on Tuesday. The OECD called for \"a further easing in the euro area\" despite the ECB having official rates at a record low 1.0 percent and that \"credibility and confidence would be enhanced by euro area and EU-wide measures\".

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