March 29 Earliest Date For ECB Rate Cut As Hard-Liners Hang On

INSIDE ECB

Allan Saunderson, chairman of Eurozone Advisors, looks at insider thinking at the European Central Bank on rate cuts and the next successor to Wim Duisenberg as ECBchairman

March 29 looks set to be the earliest chance of a rate cut from the European Central Bank, according to our information.

At the last council meeting a polarisation occurred between the ex-Bundesbank hard-liners resisting pressures to ease rates -- with German wage rounds still being negotiated any easing now would be infla