Thursday, December 6, 2007
ECB much more level headed and pragmatic. – Huge pain for EU exporters and EU housing wobblers!
ECB keeps interest rates on hold
The European Central Bank (ECB) has left interest rates unchanged at 4%, in line with analysts' expectations. Eurozone inflation has risen in recent months, pressuring the bank to keep rates at current levels, despite slow growth and global market turbulence.
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