EZB lowers interest rates - role model for the USA?

Quelle: WIRTSCHAFT TV (Glomex)

The next interest rate cut by the European Central Bank was eagerly awaited. A week ago, it finally happened: ECB President Christine Lagarde lowered the key interest rate for the Eurozone for the seventh time in a row. Börsenkorrespondent Mick Knauff explains what this means for the EU and why it puts it ahead of the USA in his current assessment from the trading floor.