Trichet says eurozone rates appropriate - for now

Speaking on French radio on Friday 6 October, European Central Bank president Jean-Claude Trichet said the ECB's decision to raise interest rates to 3.25 percent left them at an appropriate level and that the latest increase was aimed to head off inflation in the medium-term.

ECB told French radio that rates, increased by 0.25 percentage points on Thursday to a near four-year high, was intended to indicate that the bank was serious about price stability.

"The current level seems to me to be

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