Frankfurt, March 1 (Bloomberg) -- The European Central Bank willprobably leave interest rates on hold when policymakers meettoday after officials said last week they aren't in any hurry to pareborrowing costs. All but one of the 30 economists and investors surveyed byBloomberg News said the ECB will keep the benchmark lendingrate at 4.75 percent. Most expect lower borrowing costs by the endof June. ECB officials Ernst Welteke, Jean-Claude Trichet and Otmar Issingsaid last week they're still worried about inflation. While consumerprices in the euro zone fell for the first time in two years in January,a report yesterday showed, shoppers are spending more andfuelling faster economic growth in France, Italy and theNetherlands. ``Despite this dip in inflation, the situation for the central bank islargely unchanged,'' said Markus Heider, an economist at DeutscheBank AG. ``Monetary easing does not seem absolutelynecessary.'' Rising prices may still be a problem in some of Europe's largesteconomies. Consumer prices in Germany rose 0.6 percent inFebruary, the biggest increase since June, and gained 2.6 percentfrom a year ago. Italian inflation rose 0.4 percent in February and 3percent from a year earlier, figures showed last week. The ECB will announce its decision on rates at 1:45 p.m., Frankfurttime. ECB President Wim Duisenberg will hold his monthly pressconference at 2:30 p.m.