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Euro, oil, subprime crisis gang up on mooted eurozone rate hike (AFP)
on 13-09-2007 09:47

The Euro sculpture is seen in front of the European Central Bank (ECB) building in Frankfurt in June 2007. The ECB says it is ready to raise interest rates, but the euro's strength along with record oil prices and uncertainty from the US home loan crisis has delayed a hike that now looks even less likely.(AFP/File/Martin Oeser)AFP - The ECB says it is ready to raise interest rates, but the euro's strength along with record oil prices and uncertainty from the US home loan crisis has delayed a hike that now looks even less likely.



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