1. In a surprise move Thursday, the ECB cut its benchmark interest rate 10 basis points to 0.05%. The Governing Council of the ECB also took the following monetary policy decisions at its meeting following the rate decision: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014; the interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014; and the interest rate on
