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Europe Daily Bulletin No. 9640

11 April 2008
Contents Publication in full By article 12 / 37
GENERAL NEWS / (eu) eu/ecb
Level of inflation prevents any fall in rates

Brussels, 10/04/2008 (Agence Europe) - On Thursday 10 April, the European Central Bank (ECB) decided to keep eurozone interest rates unchanged. The minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4%, 5% and 3% respectively. Given the existence of “strong short-term upward pressure on inflation” and the protracted period of temporarily high annual rates of inflation resulting...

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THE DAY IN POLITICS
GENERAL NEWS