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ECB keeps rates steady, downplays deflation risk - The Age

Story date: 2009-07-02 04:13:00
Added on: 2009-07-02 21:46:32


The European Central Bank has kept its main interest rate steady at a record low of 1.0 per cent Thursday as ECB chief Jean-Claude Trichet downplayed a threat of deflation gutting the eurozone. The ECB expects "the current episode of extremely low or ...


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