Interest rate cuts — too little, too late?

THE ECB interest rate ought to be a cause for concern for those with an eye on the bigger picture.

One of the main reasons the European Central Bank cut rates by 0.5% on Thursday was because of growing concern with the state of the eurozone economies.

Germany's current state of under-performance is becoming a source of major concern and many regret the length of time that the ECB took to wake up to that reality.