Eurozone rates on hold at 3.75%

The European Central Bank (ECB) has maintained its benchmark interest rate on hold at 3.75%, as expected. But many analysts think the European Central Bank will raise rates as early as June 2007, to keep inflation in check.

• Primary Source

European Central Bank: Press Release, 10.5.07: Monetary Policy Decisions http://www.ecb.int/press/pr/date/2007/html/pr070510.en.html

European Central Bank: Press Release, 10.5.07: Introductory statement http://www.ecb.int/press/pressconf/2007/html/is070510.en.html

---