Ecb Cuts Key Rate To New Low To Help Economy

FRANKFURT, Germany (AP) -- The European Central Bank cut its key interest rate by a quarter percentage point Thursday to a record low 0.75 percent to try to help ease Europe's financial crisis and boost its flagging economy. The action, which was widely expected, is meant to make it cheaper for businesses and consumers to take loans....

Topics:  frankfurt   germany ap     the european central bank   europe   key   rate   economy   
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