ECB leaves interest rates on hold
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The European Central Bank opts to keep interest rates on hold at 4% as jitters unsettle world markets.
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The euro drifted lower against the dollar as the foreign exchange market awaited interest rate calls from both the European Central Bank and the Bank of England.
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The Bank of England is widely tipped to keep interest rates on hold at 5.25% on Thursday.
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The European Central Bank left its key interest rate unchanged on Thursday but signaled that it could raise it pre-emptively if generous wage deals threaten to ignite inflation.
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The Bank of England is widely expected to leave rates on hold at 4.75% at its latest interest rate meeting.
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LONDON : The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain&#39;s red-hot housing market is cooling slightly.
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The Bank of England leaves interest rates unchanged at 4.75%, after weak UK retail and manufacturing data.
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The pound and the euro showed little reaction as both the Bank of England and the European Central Bank elected to leave interest rates unchanged this month, as expected.
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The Bank of England has kept interest rates unchanged at 5.25 percent, opting for a wait-and-see approach on the economy after January's surprise hike had rattled financial markets.
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The European Central Bank keeps eurozone interest rates unchanged at 2% for the fourteenth month in a row.
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The Bank of England left interest rates unchanged on Thursday, following a week of intense speculation over whether it would cut them for a second month running to shore up economic growth.
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The European Central Bank leaves its key interest rate unchanged at 2% for the 19th month in succession.
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to keep interest rates unchanged at 4.75 percent this month, and there seemed to be no discussion of raising borrowing costs.
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FRANKFURT - The European Central Bank held interest rates steady as expected on Thursday for the 17th month in a row, uncertain about how resilient the euro zone economy will prove to a strong currency and high oil prices.
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The European Central Bank has kept eurozone interest rates unchanged at 2% for the seventeenth consecutive month. The decision came amid worries about the economy in the 12-nation eurozone.
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The European Central Bank held its benchmark interest rate as expected at 4.0 percent on Thursday, leaving markets awaiting guidance on the timing of the bankâs next move.
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The European Central Bank left its key refinancing rate unchanged at two per cent Thursday amid signs that the recovery in the 12-country euro zone may be sputtering.