However unpopular, its decision not to cut rates was at least steady and understandable.
The ECB last decided not to cut interest rates in the eurozone from 4.75%.
Is he promising not to cut budgets of economic or security programs related to Asia?
Despite the crisis, BMW was careful not to cut its annual intake of 1, 000 apprentices.
Even with across-the-board cuts, agencies can surely find enough fat not to cut the things they really need.
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But if he really wants best execution, he should take care not to cut off innovation in its prime.
Most prefer not to cut spending because doing so would anger someone somewhere.
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He warned ministers not to cut the overall size of the armed services.
Foreign banks pledged not to cut their exposures to the region and run.
The star began by warning producers not to cut his speech short.
Rightly, he has promised not to cut and run from America's responsibilities.
The inflation rate, on the other hand, has dropped sharply, and can no longer be used as an excuse not to cut rates.
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This month, Dillard University's president, Marvalene Hughes, wrote her Louisiana senator to plead with Congress not to cut subsidies to private student lenders.
Hoover convened a meeting of the leaders of many large companies and had them promise not to cut wages or lay off workers.
In March, they pushed a city government to not to cut down 600 old trees, and organized help for earthquake victims in Japan.
The right response to lean defence budgets, argues Mr Rasmussen, is not to cut NATO's joint projects, but to have more of them.
The Director-General reminded ADGs not to cut languages in their quest for savings and to abide by established rules on translation and interpretation.
UNESCO: Summary of Senior Management Team meeting of 2 July 2012
But I'm not going to cut things like education. (Applause.) I'm not going to cut research that helps grow our economy.
But he promised to stand by his promise not to cut universal benefits for pensioners - such as free bus passes and winter fuel payments.
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But yesterday ITV decided not to cut a clip Mr Kelly had filmed on the Trans-Siberian train for the holiday programme Wish You Were Here.
Before the election, the Tories promised not to cut health expenditure.
Either way, the answer to rising college costs and dropout and debt rates is not to cut from education further or turn people off to college altogether.
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He has promised not to cut pensions, although they might have to be frozen, making pensioners lose in real terms as inflation and taxes eat into purchasing power.
Moreover, as Joe Sternberg of the Wall Street Journal reports, Japanese exporters have played their part in dampening foreign opposition by largely choosing not to cut prices.
More infrastructure spending is touted as one answer, but with the Socialists pledging not to cut social spending, it will mean either more borrowing or finding offsetting spending cuts.
Wells, the last major bank not to cut its dividend, will surely be forced to join those that have, and it will be forced to request substantial additional capital from Washington.
And what President Bush believes is necessary is for us to focus on the mission and to complete the mission and not to cut and run in the face of terrorism.
Mr Aziz's main method for paying for all this is not to cut other spending or to raise tax rates but to recruit more taxpayers and get evaders to stump up.
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The Cardinals had decided not to cut down the nets at the Big East Conference tournament, which they won, or the Midwest region, which they also won to clinch a Final Four spot.
The competition between mortgage lenders has already led to cuts in rates and reduced margins in anticipation of another rate cut, and many lenders may decide not to cut their rates this time.
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