in `Door Open' Trichet will ``probably forex bank rates for money market accounts software leave the door open for further rate cuts,'' said Holger Schmieding, chief European economist at Bank of America Corp. to get right today's decision. ``The ECB is more focused japanese war currency on the risks to growth.'' ECB President Jean-Claude Trichet will hold a press conference at 2:30 p.m. ``The dimension of the crisis requires forceful action,'' forex market currency trading said Terence Schubert, an economist at Commerzbank AG in Frankfurt. The economy of the 15 nations sharing the euro is probably already orange county forex users in a recession and will stagnate in 2009, the European Commission said this week. The Bank of England today lowered its key rate to what does jamaican currency look like 2.5 percent by April as growth slows around the Eastern Hemisphere. The ECB cut the rate by the same amount when it joined colonial banking a globally coordinated move on in response to the deepening financial crisis. ECB policy makers jointure in Frankfurt reduced the benchmark lending rate by half a percentage point to 3.25 percent, as predicted by all but one of 55 economists in a News survey. By Harmon Vits -- The economic reports forex European Central Bank lowered interest rates for the second time in less than a month to counter the euro region's worst economic slump in 15 years.

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