Euro zone interest rates on hold at 1%

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Euro zone interest rates on hold at 1%

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12-03-2009, 10:22 PM

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Euro zone interest rates on hold at 1%

The European Central Bank (ECB) today elected to keep interest rates on hold at the historic low of 1% for the seventh consecutive month, as widely expected.ECB president, Jean-Claude Trichet, told reporters at a news conference that the euro zone economy is expected to grow at a moderate pace in 2010.He also added that some [...]

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