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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Wyätt Gwyön who wrote (597)	2/25/2004 11:10:41 AM
From: mishedlo	of 116555

BERLIN (AFX) - Chancellor Gerhard Schroeder has urged the European Central Bank to cut interest rates in order to weaken the euro. "I say this with all respect for the independence of the ECB, but there is good reason (for the bank) to consider possible interest rate cuts," Schroeder said on German television. "I believe that the people with sole responsibility for interest rate decisions -- this isn't a matter for politicians -- should think more about this aspect. The weak dollar and the corresponding euro strength are causing problems for our exports and the ECB should consider this intensively," Schroeder said. iii.co.uk ====================================================== Yee Ha! Euribors are flying!

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