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Home | ECB leaves rates unchanged |
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ECB leaves rates unchanged
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- March 03, 2011
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The Governing Council of the European Central Bank (ECB) has today elected to retain the eurozone’s interest rate at 1%. The single currency’s lowest ever rate has been unchanged since the ECB first slashed rates to provide a monetary stimulus to stave off the worst effects of the financial crisis and ensuing recession. Similarly, the [...]
- Read more at:http://www.bankingtimes.co.uk/2011/03/03/ecb-leaves-rates-unchanged/
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