Fed banks split in December on what to do with discount rate

(Reuters) - One regional Federal Reserve bank continued to push for a cut in the U.S. central bank's emergency lending rate in December, while three others renewed a request to hike it, minutes of Fed deliberations released on Tuesday showed.

IMF urges lower ECB interest rate

The European Central Bank should cut its basic interest rate further to help growth in the struggling eurozone, the International Monetary Fund said in a paper released Thursday.