Eurozone interest rates hit 3.75%

The European Central Bank raised its key interest rate to 3.75%, March 2007, in a bid to keep inflation under control.

• Primary Source

European Central Bank: Press Release, 8.3.07: Introductory Statement, Jean-Claude Trichet, President of the ECB, Frankfurt am Main, 8 March 2007 http://www.ecb.int/press/pressconf/2007/html/is070308.en.html

European Central Bank: Press Release, 8.3.07: Monetary policy decisions http://www.ecb.int/press/pr/date/2007/html/pr070308.en.html

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