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FT error on ECB rate causes market confusion – Yahoo News

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FT error on ECB rate causes market confusion

The Financial Times caused a stir on financial markets Thursday after erroneously reporting that the European Central Bank was to leave interest rates unchanged, minutes before the ECB actually cut a key rate. At the same time it sent out a tweet from its account @FTMarkets reading "ECB leaves rates unchanged in shock decision". Most analysts had been expecting the ECB to relax its monetary policy further, and the indication it would hold back caused a rush to buy the euro.

http://news.yahoo.com/mistaken-ft-tweet-sends-euro-soaring-141421169.html