ECB resists pressure to cut rates

ECB resists pressure to cut rates

Published by kidmercuryblog
01-23-2008

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ECB resists pressure to cut rates

Another indication that EURUSD exchange rate will continue to rise. -- KM

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The European Central Bank has signalled that it will not bow easily to pressure for cuts in eurozone interest rates, even as fresh data showed economic growth had again lost momentum, especially in services

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