Blanchflower Says Rate Rise by ECB `Pretty Big Mistake’

April 7 (Bloomberg) — David Blanchflower, professor of economics at Dartmouth College and a former policy maker at the Bank of England, talks about the European Central Bank’s decision to raise its benchmark interest ratea quarter percentage point to 1.25 percent and the impact on euro-zone economies and the region’s sovereign-debt crisis. Blanchflower speaks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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