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'Bumpy Road' Means ECB in No Rush to Raise Rates

Discussion in 'Fundamental Analysis' started by ActionForex.com, Sep 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    As it is generally expected that the European Central Bank will not raise interest rates for some significant time, financial markets paid little attention to today's decision to leave policy unchanged. However, there was considerable interest in the forwardlooking elements of Mr. Trichet's comments to today's regular monthly press conference.

    complete article here...

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