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ECB Puts Brave Face on Slowdown, Rates Kept Steady
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| The European Central Bank put a braveface on Thursday on a slowdown in euro zone economic growth,signaling it still aimed to raise interest rates down thetrack. |
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| Updated |
Mar 3, 2005 19:06:01 |
| Rating |
 16 ( -2 -12.5% ) | | Author | Reuters |
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| Similar news: | - ECB holds key interest rates steady - The European Central Bank held its key interest rates steady, opting not to follow the lead set by the United States' Federal Reserve a day earlier when it raised its rates by a quarter of a percentage point to help rein in inflation.
- ECB holds key rates steady - The European Central Bank held its key rates steady as expected, a day after the US Federal Reserve raised borrowing costs on the other side of the Atlantic and a day before G7 finance ministers and central bank chiefs were scheduled to meet in London.
- ECB holds rates steady, rules out cut - The European Central Bank kept interestrates at a historic low of 2 percent on Wednesday, giving arelatively gloomy short-term outlook for the euro zone economy,but effectively ruling out an interest rate cut.
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