Trichet says no foregone decision on rates

Jean-Claude Trichet, president of the European Central Bank, said Monday 20 March that its governing council had not already decided to continue with a series of monthly rate increases.

When asked whether the ECB could raise its main refinancing rate to 3% before this summer, Trichet replied on LCI Television that the governing council had two messages. Trichet commented, "We have not already decided on a series of monthly increases for interest rates. On the other hand, we will do everything

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