Euro-bank changes timetable for interest rate decisions

The European Central Bank has made no announcement about whether it's to cut interest rates again.

The euro-bank says that from now on, monetary policy will only be discussed at the first of its governing council's two meetings every month.

Previously, the ECB had considered interest rate policy at each of its twice-monthly governing council meetings.

It says the second meeting of the month will now be used only to discuss "other tasks and responsibilities of the euro system" outside monetary policy.