Thursday, February 4, 2010

ECB's Trichet: Greece steps in right direction

Date: Thu, 04 Feb 2010 12:01:03 -0500

ECB'S TRICHET: GREECE STEPS IN RIGHT DIRECTION
The European Central Bank's rate-setting Governing Council votes to
leave the key lending rate for the 16-nation euro zone unchanged at a
record low 1%.

EUROPEAN SHARES LOWER AS DEBT WORRIES WEIGH
Selling in European shares carries over from Wednesday, as worries
about some euro-zone countries' debt levels remain on investors'
minds.

BANK OF ENGLAND PAUSES BOND PURCHASES
Bank of England policymakers calls a halt -- for now -- to the central
bank's 200 billion pound ($319 billion) series of bond purchases,
opting to weigh the impact of so-called quantitative easing on the
British economy.

DOLLAR UP TO 7-MONTH HIGH AFTER JOBLESS CLAIMS
Currency traders digest commentary from the European Central Bank and
Bank of England policy meetings.

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