ECB says rates are boosting growth

European Central Bank president Jean-Claude Trichet told a press conference Thursday 12 April the ECB's interest rates are still boosting economic growth after seven increases since late 2005, leaving open the possibility of a further move.

``Our monetary policy continues to be on the accommodative side,'' Trichet said at a press briefing in Frankfurt today after the ECB left its key lending rate at 3.75 percent, as expected. The bank's interest rates are ``moderate'' and the inflation outlook `

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