Rate cuts may face stiff resistance at ECB (Reuters)

Reuters - The European Central Bank may have abandoned any hope it still harbored of being able to hike interest rates, but it may take more than a mild dose of recession for it to do a complete U-turn and start cutting rates again.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20110831/bs_nm/us_ecb_rates

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