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Image header Agence Europe
Europe Daily Bulletin No. 9323
Contents Publication in full By article 17 / 33
GENERAL NEWS / (eu) eu/ecb

ECB to step up rates and to be very vigilant

Brussels, 07/12/2006 (Agence Europe) - On Thursday, the European Central Bank continued, at its own pace, to tighten its hold on the monetary policy of the eurozone. As analysts expected, the Governing Council decided to increase interest rates by 25 basis points, increasing the tendering rate applied to main refinancing operations to 3.50%. Interest rates on the marginal lending facility and deposit facility will be 4.50% and 2.50% respectively. These operations will take effect on 13...

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