Euro-zone business in good shape: inflation, jobs data underline outlook with ECB set to meet
Article Abstract:
July unemployment reports and August inflation reports show that the euro zone economy is holding strong, prompting speculation on whether or not the European Central Bank will still raise interest rates. While business and consumer confidence decreased, both remain at historically high figures.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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U.K. rate increases cooling pace of house-price gains
Article Abstract:
UK home prices are increasing at a slower rate, with outstanding mortgage loans dropping, prompting analysts to speculate that the five rises in interest rates initiated by the Bank of England during the past year to fend off inflation are starting to show effects on the housing market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Soft U.K. economic data point toward a rate cut
Article Abstract:
The Bank of England is expected to make a quarter of a percentage cut in interest rates in light of recent economic data showing poor results for November 2007. The European Central Bank, however, is likely to maintain its current interest rate level.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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