Trichet expressed his fear |
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Last week in spite of lots of significant fundamental data, the market was totally dominated by the ECB’s decision with regard to interest rates in the Euro Zone and the press conference of the ECB’s chairman - Jean-Claude Trichet. Interest rates remained unchanged at the level of 4.25%, but during the conference Trichet expressed his fear about the Euro Zone’s inflation and especially low economical growth. Investors did expect some information with regard to an eventual hike on rates in the
Filed under: Fundamental
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