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Europe Daily Bulletin No. 8923

8 April 2005
Contents Publication in full By article 22 / 42
GENERAL NEWS / (eu) eu/ecb
ECB maintains rates but considers annual inflation likely to remain above 2% in coming months

Brussels, 07/04/2005 (Agence Europe) - On Thursday, the Governing Council of the European Central Bank decided the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility would remain unchanged in the euro zone at 2%, 3% and 1% respectively. Jean-Claude Trichet, ECB President, told the press that so far no secondary effects to the detriment of inflation and growth have been noted.. He was convinced that market...

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GENERAL NEWS