Eurozone banks braced for rates cut

Press Association
Updated
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ECB-EU-EUROZONE-FOREX-BANK RATE

%VIRTUAL-SkimlinksPromo%Eurozone interest rates are expected to be slashed again today as part of a package of radical measures to breathe new life into the moribund economy.

It means all eyes will be on Europe rather than the Bank of England, where rates are expected to be held at 0.5%, despite rumblings that some members of the Monetary Policy Committee (MPC) are edging closer to voting for a hike.

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