ECB holds rates, says growth risks starting to grip (Reuters)

Jean-Claude Trichet, President of the European Central Bank (ECB) addresses the media during his monthly news conference at the ECB headquarters in Frankfurt, August 7, 2008. (Alex Grimm/Reuters)Reuters - The European Central Bank left
interest rates unchanged on Thursday and insisted inflation was
still its key fear even though risks to growth were taking
hold, prompting markets to scrap bets on rates rising again
this year.

Original post by Reuters

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