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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Top Stories Full Coverage Most Popular Photos Search Search: ECB cuts main lending rate to 3.25% AFP - Friday, November 7 FRANKFURT (AFP) - - The European Central Bank cut its main lending rate by half a percentage point to 3.25 percent, it said on Thursday, to bolster slumping economic growth and fragile financial markets. The Bank of England earlier on Thursday slashed its key lending rate by a record 1.5 percentage points to 3.0 percent -- the lowest level in more than half a century -- as Britain heads towards recession. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Most Popular – Top Stories Viewed Among Obama's next challenges: his own security Obama's grandmother, family 'rock', dies on election eve ECB, Bank of England slash interest rates Russian leader blasts US, vows to deploy missiles near EU Obama wins US election, to become first black president View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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