Euro zone interest rates on hold at 1%

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Euro zone interest rates on hold at 1%

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07-09-2010, 01:04 AM

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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 14th consecutive month, as widely expected.Interest rates are expected to remain on hold until at least 2011, as a result of uneven growth and low inflation.The news comes after the Bank of England elected [...]

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