Palm | Kelapa Sawit

BRUSSELS, Dec 4 (Reuters) - The European Central Bank made its biggest ever cut to interest rates on Thursday, lowering benchmark credit costs by 75 basis points as it forecast a gloomy year for the recession-bound euro zone economy.
But ECB President Jean-Claude Trichet refused to give any guidance on whether more would follow after the latest cut -- the third in less than two months -- took the main interest rate to a 2-1/2 year low of 2.50 percent.