Market Vectors’ Fran Rodilosso: Central Banks Send Signals That Existing Policies Are Not Having Desired Effects

NEW YORK--(BUSINESS WIRE)--Thursday’s move by the European Central Bank (ECB) to cut its benchmark interest rate to an all-time low of 0.5 percent sends a clear signal that the pace of the economic recovery in Europe continues to lag behind the region’s needs and expectations according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.