Economic & financial indicators

MONEY AND INTEREST RATES

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MONEY AND INTEREST RATES Overnight interest rates in the euro area rose sharply ahead of the European Central Bank's meeting on August 31st. In the 12 months to July, broad-money growth in the euro area slowed again, but still remains above the ECB's benchmark of 4.5%.

This article appeared in the Economic & financial indicators section of the print edition under the headline “MONEY AND INTEREST RATES”

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From the September 2nd 2000 edition

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