RATE CUT? Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more experts that the European Central Bank will cut interest rates soon.
WORRISOME NUMBERS: The latest downbeat sign came Wednesday from the closely watched Ifo index of German business confidence. It fell to 104.4 points in April from 106.7 in March.
POSSIBLE FUTURE: But outside analysts said there was now enough doubt about Europe's economic recovery for the ECB's governing council to cut its key rate from the record low of 0.75 percent, either at its May 2 meeting or on June 6.