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Tue 09 Sep 2007Fed rate cut may stifle ECB - agencyThe European Central Bank may delay or even halt further interest rate rises if an expected Fed rate cut marks the beginning of an easing cycle in the United States, a senior executive at Fitch Ratings said today.A US rate cut would be likely to push the dollar even lower against the euro, said David Riley, Fitch's group managing director of sovereign and international public finance.
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