Trichet tight-lipped on future of ECB rates

European Central Bank president Jean-Claude Trichet declined to comment on Friday 2 December on the possibility of further rises in euro zone interest rates.

'I already said what I had to say yesterday,' Trichet told reporters when asked about the prospect of more rate hikes following yesterday's increase of 25 basis points.

Earlier, euro group president Jean-Claude Juncker said yesterday's rise will not harm growth, but did not comment on the likely impact on the tentative recovery of any further

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