Trichet Signals Interest-Rate Pause on Credit Rout (Update2) (Bloomberg.com)
Story date: 2007-10-04 07:19:23
Added on: 2007-10-04 09:00:15
Oct. 4 (Bloomberg) -- European Central Bank President Jean- Claude Trichet signaled the bank is in no rush to raise interest rates as higher credit costs threaten to slow economic growth.
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