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Image header Agence Europe
Europe Daily Bulletin No. 8820
Contents Publication in full By article 21 / 54
GENERAL NEWS / (eu) eu/ecb

Central Bank set to leave rates as they are on Thursday

Brussels, 03/11/2004 (Agence Europe) - On 4 November, at his press conference after the meeting of the Board of Governors of the European Central Bank (ECB), the President of the ECB Jean-Claude Trichet is likely to announce that the minimum submission rate to be applied to principle re-financing operations is to be kept at 2% (an historical minimum kept in place by the Bank since June 2003). President Trichet is also likely to confirm the Bank's slightly less optimistic forecasts on economic growth compared to last summer's expectations. (For Mr Trichet's last Conference, see EUROPE of 8 October, p.12).

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