ECB in sudden rate cutTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoPallokat, Jan11/08/2013November 8, 2013The ECB has cut its base lending rate to 0.25%. The euro slid, markets rallied, and credit became even cheaper. The cut will likely benefit struggling eurozone countries. But it could also ward off eurozone deflation.https://p.dw.com/p/1ADvxAdvertisement