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Hi everyone I'm Diana stayed on the European Central Bank has just decided to cut its key interest rates.
By 25 basis points to half of 1% this is as expected.
It's also the first move in rates since late July when the rate was cut to three quarters of a percent and this is a new record -- now for the ECB.
We'll hear more next hour when ECB president Mario Draghi hold his news conference to talk about that decision.
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