FRANKFURT (AFP) ??” The European Central Bank held its elucidation interest rates steady as awaited shortly after the Bank of England decided to notch its confess rates up by a quarter of a point as the economic redemption gathered steam.

FRANKFURT (AFP) ??” The European Central Bank held its elucidation interest rates steady as awaited shortly after the Bank of England decided to notch its confess rates up by a quarter of a point as the economic redemption gathered steam.

At its regular monthly policy-setting meeting, the ECB's governing council decided to imprison the central "refi" refinancing rate steady at 200 percent where it has been since June 2003

And the guardian of the euro also left its other brace key rates -- the deposit rate and the marginal lending rate -- unchanged at 100 percent and 300 percent respectively.

The ECB meeting forward the eve of a meeting of form into groups of Seven (G7) finance ministers in Boca Raton, Florida, had not been wait fored to announce any changes in eurozone borrowing outlays despite strong political pressure to ease monetary conditions in the single publicity area to help counter