Thursday, January 13, 2011

European Central Bank Maintains Lending Rate at 1.00%

The European Central Bank maintained the main refinancing operations interest rate at 1.00%, and held the marginal lending facility at 1.75%, and deposit facility at 0.25%. The EU last reported inflation at 2.2% in December, ECB Governor Jean-Claude Trichet noted that rising energy commodity prices had started to impact on headline inflation.


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