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ECB Will Cut Rates by Maximum of 25 Percent - Expert

Thu 05 Jul 12 | 03:30 AM ET
"As we know that the ECB's approach is gradualist and not very active or pro-active. They're going to take their time, (...) so I think 25 basis points will be the maximum," James Round, vice president, LBBW Landesbank Baden, told CNBC.
 
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