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German CPI Remains at Elevated Levels, Assures No Rate Cuts from the ECB

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 14, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Germany's consumer price index printed in line with expectations at 2.8% in the year to February. This puts inflation in Europe's largest economy above the ECB's limit for the 12th consecutive month, effectively erasing the possibility that Trichet and company will cut interest rates in the near term. The result...

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