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Image header Agence Europe
Europe Daily Bulletin No. 9559
GENERAL NEWS / (eu) eu/ecb

ECB makes no change in rates and stresses wage restraint

Brussels, 06/12/2007 (Agence Europe) - On Thursday 6 December, the European Central Bank (ECB) decided to maintain euro area interest rates as they were. The minimum bid rate remains, then, at 4% and marginal lending facility and deposit facility interest rates at 5% and 3% respectively. Caught between risks of reducing growth and increased inflationary pressure, and confronted with a strong euro and turbulence on the financial markets (the effects of which have perhaps not yet been fully...

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