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ECB Rate Cut Surprises the Markets

Duration:
29 minutes
First broadcast:
Thursday 07 November 2013

The European Central Bank has cut its main interest rate from 0.5% to 0.25%, against the expectations of most analysts. We investigate what the ECB's president Mario Draghi and his Governing Council are up to. Plus, as Twitter makes its stockmarket debut, we ask whether or not there is real value locked up in 140 characters.

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