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the main reference interest rate in the eurozone , the euribor three-month rate , fell to a record low level of 0.549 percent on friday , down sharply from 0.641 percent a day earlier.the euribor rate reflects the terms on which european banks are prepared to lend funds to each other t it has fallen steadily since the european central bank began refinancing banks for up to three years at the end of december .
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euro-zone producer-price inflation slowed to its weakest rate in more than two years in may , pointing to a slowdown in consumer prices that would give the european central bank more room to cut its key interest rate .
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china's inflation slowed in june to its lowest rate since january 2010 , offinancial data showed on monday , giving the government more room to move in its efforts to reboot the world's second-biggest economy.the country's consumer price index (cpi) rose by 2.2 percent year-on-year in june , the national bureau of statistics said , down from 3.0 percent in may and the lowest figure since the start of 2010.the inflation rate for the first half of 2012 was 3.3 percent , the bureau said , well below the government's target of 4.0 percent .
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china's inflation slowed in june to its lowest rate since january 2010 , offinancial data showed on monday , giving the government more room to move in its efforts to reboot the world's second-biggest economy.the country's consumer price index (cpi) rose by 2.2 percent year-on-year in june , the national bureau of statistics sayaid , down from 3.0 percent in may and the lowest figure since the start of 2010.the inflation rate for the first half of 2012 was 3.3 percent , the bureau said , well below the government's target of 4.0 percent .
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the main reference interest rate in the eurozone , the euribor three-month rate , fell to a record low level of 0.549 percent on friday , down sharply from 0.641 percent a day earlier.the euribor rate reflects the terms on which european banks are prepared to lend funds to each other t it has fallen steadily since the european central bank began refinancing banks for up to three years at the end of december .
. .
euro-zone producer-price inflation slowed to its weakest rate in more than two years in may , pointing to a slowdown in consumer prices that would give the european central bank more room to cuts its key interest rate .
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the european central bank cuts its main interecast rate to a historic low of 0.75% , as expected , offering a degree of relief to the euro-zone's faltering economy amid signs that inflationary pressures are fading .
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turkey's annual inflation rate rose less than expected in june , signaling that the central bank may meet its year-end inflation forecast and shift to a looser monetary policy to boost growth .
manufacturing activity in much of asia slowed further in june , pointing to the likelihood of more central bank easing t indonesia was a st andout , with manufacturing there picking up .
china's inflation slowed in june to its lowest rate since january 2010 , data showed on monday , giving the government more room to move in its efforts to reboot the economy .
the pound hits its highest level against the euro since november 2008 , the day after the european central bank lowered its key interest rate .
the european central bank (ecb) cuts its key interest rate to a record low of 0.75 percent to prop europe’s sagging.. .
the european central bank has reduced its key interest rate from 1% to 0.75% , data record low for the eurozone .
Generated 2012-7-10_18:21
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