IMF \\\'strongly\\\' welcomes ECB interest rate cuts
Saturday, 7 June 2014
WASHINGTON, June 6 (AFP) : The International Monetary Fund hailed the European Central Bank's unprecedented moves yesterday to prevent deflation in the eurozone, including cutting key interest rates to new all-time lows.
"We strongly welcome the very proactive stance taken by the ECB today," said IMF spokesman Gerry Rice.