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Europe Daily Bulletin No. 7780

18 August 2000
GENERAL NEWS / (eu) emu/ecb
Mr. Issing hints at further rate rise

Frankfurt, 17/08/2000 (Agence Europe) - In an interview published in the daily "Boersen Zeitung" on Thursday, the Chief Economist of the European Central Bank, Otmar Issing, states that the ECB's monetary policy "cannot be considered as restrictive", thus confirming the impression of experts by which, at one of the next meetings of the board of Governors - 31 August or 14 September - the Bank is preparing to raise interest rates. In the coming moths, the inflation rate in the Euro zone will...