ECB may cut depo rate or buy financials' CP to lower Euribor

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ECB may cut depo rate or buy financials' CP to lower Euribor

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frankfurt, hesse/germany - 11 10 18: european central bank building sign in frankfurt germany | Tobias Arhelger - stock.adobe.com

The European Central Bank could take action to counter the rise in the level of Euribor at its meeting on Thursday by either cutting its deposit rate or buying commercial paper from financial institutions to ease interbank lending, according to analysts.

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