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Europe Daily Bulletin No. 9246

4 August 2006
GENERAL NEWS / (eu) eu/ecb
Trichet says, risks to price stability justify latest interest rise, and more could be on way

Brussels, 03/08/2006 (Agence Europe) - On Thursday, the European Central Bank (ECB) increased the key ECB interest rates by 25 basis points, taking the minimum level for the main refinancing operations to 3%, the marginal lending facility interest level to 4% and that of the deposit facility to 2%. These changes will become effective from 9 August. Announcing its intention last month to break with its summer tradition of not having a meeting of the Governing Council (but having...