Arab Today, arab today some eurozone central bank chiefs wanted rate cut
Last Updated : GMT 06:30:05
Arab Today, arab today
Arab Today, arab today

Some eurozone central bank chiefs wanted rate cut

Arab Today, arab today

Arab Today, arab today Some eurozone central bank chiefs wanted rate cut

Frankfurt - AFP

A number of eurozone central bank chiefs wanted the European Central Bank to cut its key rates this month, ECB president Mario Draghi said on Wednesday. \"A few members would have preferred to have a rate cut today. I would say not many,\" Draghi told a news conference after the ECB held borrowing costs at their historic low of 1.0 percent at its regular monthly policy meeting. The decision to hold rates steady was \"taken by very broad consensus,\" he added.

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