Thursday, April 12, 2007

ECB Is Poised to Keep Interest Rates Unchanged, Gauge Pace of Inflation

(Bloomberg) -- The European Central Bank will probably keep interest rates unchanged today and await evidence that inflation is picking up before signaling another increase, a survey of economists shows.

ECB policy makers meeting in Frankfurt will leave the benchmark refinancing rate at 3.75 percent, according to all 43 economists surveyed by Bloomberg News. In June, the bank will raise the rate for the eighth time since late 2005, to 4 percent, a separate survey shows.


Read more at Bloomberg Bonds News

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