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Archive Home > 2008 > July > 04 > European Central Bank raises key interest rate

European Central Bank raises key interest rate


July 4, 2008

FRANKFURT, Germany — Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail rising inflation in the 15 countries that use the euro.

The move....

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