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Image header Agence Europe
Europe Daily Bulletin No. 8821
Contents Publication in full By article 22 / 40
GENERAL NEWS / (eu) eu/emu

ECB keeps rates unchanged, but risks related to oil prices will require vigilance on price stability

Brussels, 04/11/2004 (Agence Europe) - For the eighteenth consecutive month, the European Central Bank (ECB) has decided to keep its reference rates unchanged. The Board of Governors decided on Thursday to keep the minimum submission rate applicable to main refinancing operations at 2%, and the interest rates of the marginal lending facility and of the deposit facility at 3% and 1% respectively. "High share prices and oil prices have had a visible direct impact on consumer prices this year,...

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