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ECB rate cut to have only short-term effect: Enzio Von Pfeil
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ECB rate cut to have only short-term effect: Enzio Von Pfeil
3:24
Published On: July 04, 2012
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Economist Enzio Von Pfeil says the ECB is likely to cut rates by 25 basis points, which will cause a short-term flurry in the markets and lead to a short-term rally. He says it is unlikely that the ECB will not cut rates.
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