ECB keeps rates steady, but tells citizens to spend: on inflation front, outlook is 'favorable,' Trichet says; 'it is time for you to invest'

Article Abstract:

The European Central Bank declined to cut interest rates despite slowing inflation, a strong euro, and significant political pressure. ECB President Jean-Claude Trichet acknowledged that rate cuts may occur in the future, but emphasized the importance of consumption and investment.

Management dynamics, Management, Comparative analysis, Monetary policy, Economic indicators, Company business management

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ECB holds rates firm, risking ire of politicians

Article Abstract:

Politicians and economists are getting impatient with the European Central Bank's (ECB's) inaction in acting rapidly to improve the economy. Although a rate cut soon still seems likely, the politicians and economists are still upset.

Government domestic functions, Federal Reserve Banks, Monetary Authorities - Central Bank, Banking industry, Abstract

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European Central Bank leans toward higher rates

Article Abstract:

The European Central Bank is expected to raise interest rates, that could increase the currently strong Euro against the lower dollar, to target inflation.

Analysis

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