Article: ECB maintains interest rates on concerns of inflation

ECB maintains interest rates on concerns of inflation

BERLIN, Aug. 7 (Xinhua) -- The European Central Bank (ECB) decided on Thursday to maintain the key ECB interest rates unchanged at a meeting of the Governing Council in a bit to better fight inflation, ECB President Jean-Claude Trichet said in a statement.

The meeting in Frankfurt left the benchmark lending rate at 4.25 percent, as "annual inflation rates are likely to remain well above levels consistent with price stability for a protracted period of time and that risks to price ...

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