ECB keeps rates steady despite surging oil prices
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BRUSSELS - European Central Bank left its key interest rate at a post-war low of two percent Thursday with ECB chief Jean-Claude Trichet playing down worries about weakening economic growth but warning about the risks posed by surging oil prices.
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The European Central Bank has left interest rates unchanged, playing down fears of a stumbling economic recovery and expressing confidence that
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of a slowing domestic economy.
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Oil prices held steady near $47 a barrel  on Wednesday a day after setting yet another record when the  United States, the world's biggest oil consumer, said inflation  had stayed in check despite rising energy costs.
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The Bank of England is set to keep interest rates on hold following the latest meeting of the its Monetary Policy Committee.
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Despite growing unease about inflation and slowing economic indicators, the European Central Bank and Bank of England kept their benchmark interest rates unchanged Thursday.
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Federal Reserve policymakers today held their key short-term interest rate steady and indicated they remain concerned about inflation pressures.
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Analysts expect the European Central Bank to keep interest rates on hold as jitters continue to affect world markets.
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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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The Bank of England held its key interest rate at 4.75 percent, opting against a further rise after last month's surprise quarter-point increase, the central bank announced.
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The pound eased off earlier highs against the dollar but remained steady against the euro.
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The Bank of England left interest rates unchanged for a third successive month on Thursday amid speculation borrowing costs may remain at 4.75 per cent well into next year as the economy cools.
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The European Central Bank (ECB) keeps eurozone interest rates on hold at 4% following its latest meeting.
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The European Central Bank is expected  to keep interest rates steady at 2 percent on Thursday, with  markets looking for any hint that the central bank's worries  about growth have heightened.
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European finance ministers said they won&#39;t attempt to halt the euro&#39;s rise, saying the currency&#39;s jump to an eight-month high is unlikely to derail the recovery and will prevent record oil prices from spurring inflation.
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The pound held firm against the dollar and euro after a string of recent economic data continued to suggest that the Bank of England (BoE) will be forced to raise interest rates in the coming months to keep a stranglehold on inflation.
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Poland's central bank kept key interest rates unchanged Wednesday after three straight months of increases, surprising markets that expected a quarter or half percentage point hike.