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Europe Daily Bulletin No. 10395

10 June 2011
Contents Publication in full By article 17 / 41
GENERAL NEWS / (ae) eu/ecb
Interest rise possible in the summer

Strasbourg, 09/06/2011 (Agence Europe) - On Thursday 9 June, the European Central Bank (ECB) decided unanimously to keep interest rates unchanged (1.25% for the main refinancing operations, 2% for the marginal loan facility and 0.5% for the deposit facility). Announcing the decisions, the ECB president, Jean-Claude Trichet, used vocabulary usually seen as hinting that a rate rise was imminent (possibly in July 2011). He said the situation was such that there might be a rise in rates at the...

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GENERAL NEWS