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European Central Bank President Jean-Claude Trichet, according to Market Watch, surprised investors Thursday, signaling that policy makers are likely to hike interest rates next month in order to keep rising food and raw-material prices from turning into a broader inflation threat.

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bank banking central ecb economy euro european frankfurt german germany hessen interest main money rate rates

Stock Photo: Euro

European Central Bank President Jean-Claude Trichet, according to Market Watch, surprised investors Thursday, signaling that policy makers are likely to hike interest rates next month in order to keep rising food and raw-material prices from turning into a broader inflation threat.

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