ECB Holds Rates, Slashes Growth Forecasts: Rate Cuts to Come
December 06, 2012 at 10:24 AM EST
The European Central Bank this morning kept rates on hold at 0.75 percent and did not launch any new policies as the European economy continues to suffer under the weight of its own debt. President Mario Draghi, since launching the Outright Monetary Transactions (OMT) scheme this summer, has yet to