Inflation leads central banks to hold rates
Article Abstract:
The Bank of England joined the European Central Bank in keeping their key interest rates unchanged as concerns over inflation continue. The Bank of England maintained its 5.5%, while the European Central Bank remained at 4%. Analysts believe that inflation concerns will decline as economic growth slows.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
User Contributions:
Comment about this article or add new information about this topic:
Europe's rates are likely to keep rising
Article Abstract:
The European Central Bank increased the key interest rate from 3.75% to 4%, marking the eighth time the rate has been raised since December 2005. The increase brings interest rates in the euro-zone to their top level since September 2001.
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:
- Abstracts: ECB tops off a day of rate increases. European policy makers hint at interest-rate rise
- Abstracts: Embracing the promise of the games. The start of something. A game for the whole UK
- Abstracts: EU exporters show resiliency in face of a weakening dollar. Euro rises to two-month high against dollar. Europeans' appetite for imports benefits China at the expense of the U.S
- Abstracts: AstraZeneca, Novartis said to be close to merger of agrochemical businesses. Novartis, Glaxo form ties with smaller drug firms
- Abstracts: Macau gambling stocks are latest China play. Currency markets draw speculation, fraud