The head of the European Central Bank, Jean Claude Trichet, appealed for price and wage restraint Thursday, recalling "mass unemployment" after pay hikes years ago and signalling no change in ECB interest rates any time soon.
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ECB chief appeals for price, wage restraint, signals no rate cut soonPosted by UK Economy News
In UK financial news
10Apr 08 The head of the European Central Bank, Jean Claude Trichet, appealed for price and wage restraint Thursday, recalling "mass unemployment" after pay hikes years ago and signalling no change in ECB interest rates any time soon.
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