Thursday, 29 July 2010

Fed’s Lacker: US economic recovery is sustainable

Tighter policy would be appropriate when economic growth strong enough, tough to know when to start normalising Recent US economic data suggests durable turnaround in progress Failure to address US fiscal issues will dim the appeal of Treasuries (across the Reuters newswires)

The European Central Bank maintains 1% interest rate


Thu, Jul 8 2010, 11:58 GMT
http://www.fxstreet.com

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FXstreet.com (Barcelona) - The Governing Council of the ECB issued today its decision regarding itnerest rates, it met everyone's expectations by an unchanged 1%. Market consensus anticipated the decision correctly.

The other interest rates decided were: marginal lending on 1.75% and deposit facility at 0.25%, Both unchanged from previous meetings

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