UPDATE 2-Deutsche, Commerzbank CEOs warn of ECB rate cut side effects
03 Sep UPDATE 2-Deutsche, Commerzbank CEOs warn of ECB rate cut side effects
Posted at 10:00h
in
News
by KMFSLLP
The CEOs of Germany’s two
largest listed banks on Wednesday warned that a further cut in
interest rates by the European Central Bank would risk serious
side effects while having only minimal effect on the economy.
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