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European Central Bank to maintain the benchmark policy interest rates unchanged
ECB (European Central Bank) Thursday will be the benchmark policy rate unchanged at 1.0 percent, the results were generally in the market expected.
European Central Bank President Jean-Claude Trichet (Jean-Claude Trichet) will be held at 1230 GMT press conference on the decision to make a brief description of the media.
Dow Jones Newswires (Dow Jones Newswires) investigated 49 private banks were expected Thursday the European Central Bank will maintain the benchmark interest rates unchanged, but the rest of the year will be to maintain interest rates unchanged.
Since the June meeting, the European Central Bank interest rate decision-making bodies of the majority of the members have stressed that the European Central Bank plans to eventually change to the market and to facilitate an adequate supply of liquidity policy.
However, the European Central Bank executive board members, but also the bank's chief economist Stark (Juergen Stark) said that as the economic and inflation prospects, the actual change in policy may take some time, the European Central Bank must wait for the right time .
In the beginning of December 2005 before the latest round of tightening cycle, the European Central Bank in the past two and a half years the interest rate level has remained unchanged.
Some observers said the re-turn before the policy, the European Central Bank may resort to further cut interest rates and credit enhancement measures.
2009-07-03
