Inflation fear forces ECB to hold rate

The European Central Bank (ECB)left interest rates unchanged at 4.25% in September 2008 amid faltering economic growth and rising inflation in the eurozone.

BBC News, 4.9.08: Eurozone rates on hold at 4.25% http://news.bbc.co.uk/1/hi/business/7597792.stm

ECB: Press Release: Introductory statement, 4.9.08 http://www.ecb.int/press/pressconf/2008/html/is080904.en.html

ECB: Press Release, 4.9.08: Monetary policy decisions http://www.ecb.int/press/pr/date/2008/html/pr080904.en.html

Deutsche Welle, 4.9.08: European Rates on Hold as Economic Worries Mount http://www.dw-world.de/dw/article/0,2144,3618462,00.html

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