European Central Bank Raises Benchmark Lending Rate to 2.5%
The European Central Bank (ECB) has raised its benchmark lending rate from 2.25% to 2.5% in order to keep inflation in check. Today's rate increase in Europe is a response to strong growth within the euro-region economy, and consistently high crude oil prices.
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posted by Steve Brown | 3/02/2006 07:06:00 PM
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