BBC News - ECB cuts benchmark rate to 0.25%:
"The European Central Bank (ECB) has cut its benchmark interest rate to new record low of 0.25%, down from 0.5%.
The move has come as a surprise to many analysts.
Recent concerns over low inflation and the weakness of the eurozone economy had led many to suggest that further action from the ECB may be needed, but not until later in the year.
Inflation in the eurozone fell to 0.7% in October - its lowest level since January 2010."
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