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Article: ECB keeps main lending rate unchanged at 4.25 percent
- Article from:
- Xinhua News Agency
- Article date:
- September 4, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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ECB keeps main lending rate unchanged at 4.25 percent
BERLIN, Sept. 4 (Xinhua) -- The European Central Bank (ECB)
announced Thursday that it has kept its key lending rate unchanged
at 4.25 percent.
The Frankfurt-based ECB made the decision as inflation concerns
outweighed fears that the eurozone could plunge into recession.
The ECB, known as the guardian of the euro, also left its other
two key rates -- the deposit rate and the ...