IMF \\\'strongly\\\' welcomes ECB interest rate cuts


FE Team | Published: June 07, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



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.

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