ECB expected to cut rates to lowest level since the introduction of the Euro

ECB expected to cut rates to lowest level since the introduction of the Euro
(March 5, 2009)

Online and in real time: ECB press conference, from its premises in Frankfurt am Main, Germany.
At 2.30 p.m. CET the ECB President and Vice-President explain the Governing Council's monetary policy decisions and answer journalists' questions.
Webcast of ECB press conference on 5 March 2009
http://www.thomson-webcast.net/de/dispatching/?ecb_090305_stream_video

The European Central Bank has cut its main interest rate by a half percentage point to 1.5 percent amid increasingly grim economic news.

The Bank of England earlier Thursday cut its rates by a half percentage point to 0.5 percent.

Bank of England (BoE) expected to move towards Quantitative Easing (QE)