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25 bps ECB rate cut will not change growth dynamics: Lloyds

The European Central Bank (ECB) on Thursday decided to lower its benchmark interest rate by 25 basis points to 0.50 percent. Trevor Williams, Chief Economist, Lloyds Bank told CNBC-TV18 that these cuts aren't going to make a huge difference to the underlying growth prospects.

first published: May 3, 2013 05:39 pm