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Financial News

Wednesday July 1, 03:52 AM

 

 

European Central Bank president Jean-Claude Trichet at the ECB's headquarters in Frankfurt, Germany

By Thomas Lohnes

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European Central Bank president Jean-Claude Trichet at the ECB's headquarters in Frankfurt, Germany. Despite a danger of deflation and complaints of tighter credit, the eurozone's main interest rate will probably stay at 1.0 percent when the powerful financial body's governors meet in Luxembourg. European Central Bank president Jean-Claude Trichet at the ECB's headquarters in Frankfurt, Germany. Despite a danger of deflation and complaints of tighter credit, the eurozone's main interest rate will probably stay at 1.0 percent when the powerful financial body's governors meet in Luxembourg.


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