Buba's Weber says ECB 'ready to act' on rates

The European Central Bank is ready to act again any time if necessary on interest rates in the eurozone, Bundesbank chief Axel Weber said in a newspaper interview.

Asked by German daily Hamburger Abendblatt whether the ECB would raise its key interest rates again, possibly by half a percentage point, in March, Weber replied: "I can't and won't say here when and by how much interest rates will be increased." He continued: "But you can safely assume that we are ready to act quickly and in a

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