ECB tops off a day of rate increases
Article Abstract:
Worldwide central banks and the European Central Bank raised interest rates with projections of further increases if rising inflation and slower economic growth continue. The interest rate for the European Union was raised from 2.5 percent to 2.75 percent. United States Federal Reserve raised its interest rate to five percent.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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European policy makers hint at interest-rate rise
Article Abstract:
The European Central Bank is expected to maintain interest rates, but analysts believe that strong euro-zone growth and rising food and oil prices may pressure the ECB to implement rate increases.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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