At his post-rate decision press conference, European Central Bank President Jean-Claude Trichet said the decision to cut rates by a quarter-point to 1.25% wasn't unanimous -- it was by "consensus" in his words -- and any decision on non-standard measures akin to quantitative easing will be taken at the next meeting. He said the main refi rate of 1.25% could go lower, but said the deposit rate of 0.25% probably would not.
