The European Central Bank kept its key interest rates on hold on Thursday as it warned that the eurozone was suffering its worst crisis since the Second World War.
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The European Central Bank kept its key interest rates on hold on Thursday as it warned that the eurozone was suffering its worst crisis since the Second World War.
The European Central Bank kept its key interest rates on hold on Thursday in a move seen as change of direction from it recent cycle of rises amid anxiety over the eurozone debt crisis and slowing gro
The Reserve Bank has kept the Official Cash Rate on hold today , as widely expected.
Higher inflation could prompt central banks to raise interest rates earlier than anticipated , stunting growth in developing countries , the European Bank for Reconstruction and Development said.
The economy is suffering from a lack of demand , and there is a need to restore growth and confidence. Low interest rates are part of this process.
The euro surges after Jean-Claude Trichet , chairman of the European Central Bank , warns of inflationary risks in the eurozone
The BoE's Monetary Policy Committee voted 7-2 to hold rates at a record low this month as the outlook for growth worsened , with some questioning whether more QE was needed.
Low interest rates have led investors to start taking risks that could create the conditions for a new crisis , according to the world's leading financial watchdog.
THE Federal Reserve will keep interest rates steady at its policy meeting tomorrow as soaring prices for food , industrial metals and crude oil have fuelled inflation in the world’s biggest economy.
Decision to keep rates on hold suggests Bank of England believes inflation will ease from slowdown in economic activityThis month's MPC meeting delivered its first unanimous decision to keep rates on