Duisenberg says euro zone not hit by U.S. slowdown

European Central Bank President Wim Duisenberg said on Mar 5, 2001 there were no firm signs that the U.S. economic slowdown was spilling over to the euro zone and that there was little likelihood of a near term change in interest rates.

Testifying before the European Parliament's Economic and Monetary Affairs Committee, Duisenberg took a cautious approach to future trends on inflation in the 12-nation euro area. "Although the more moderate prospects for world growth might end up being associated

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