Thursday, July 28, 2016

UPDATE 1-ECB rates still safely above detrimental level -Coeure

FRANKFURT, July 28 (Reuters) - Sub-zero European Central

Bank interest rates are doing more good than harm and holding

safely above a detrimental level, but the bloc remains at risk

of falling into a damaging trap of low rates, ECB Executive

Board Member Benoit Coeure said.

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