Give Euro Notes Time to Settle In

The European Central Bank should hold off on interest rate hikes until the economic picture becomes clearer after the currency changeover

Despite cutting interest rates by half a percent, to 3.25%, on Nov. 8, the European Central Bank is still being criticized for not doing enough to fight Europe's economic slowdown. But for the next couple of months, it's going to be difficult to tell whether more interest-rate cuts are really needed.

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