10 November 2003, 12:57  EU's Solbes says BoE rate hike won't affect ECB

MADRID, Nov 10 - European Union Monetary Affairs Commissioner Pedro Solbes said on Monday that last week's Bank of England interest rate rise should not be seen as heralding a similar move by the European Central Bank. Asked whether the Bank of England's move pointed the way to similar action by the ECB, Solbes said, "It should not be taken as premonition."||

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