In Europe, fear hasn't spread: ECB's go-slow stance reflects prime focus on checking inflation

Article Abstract:

Despite measures taken by the Federal Reserve Board to avert recession in the U.S., the European Central Bank has refrained from implementing extraordinary policies to reactivate European economies. Article discusses the relative stability of the European banking and financial sectors, and the European Central Bank's efforts to control inflation.

Europe, Administration of Human Resource Programs, Public Assistance-Total Govt, Prevention, United States. Federal Reserve Board, Capital market, Capital markets, Domestic economic assistance, Recessions, European Union. European Central Bank, Price control, Price regulations

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U.S. fed overnight rate at 8%? New Zealand is blazing a trail

Article Abstract:

The Reserve Bank of New Zealand has raised the overnight interest rate to 8% to attain its legally mandated two-year inflation target of 0% to 2%. Currently the U.S. interest rate is 5.25%; investors are concerned the rate may go as high as New Zealand's.

Interest Rates, New Zealand, Labor Distribution by Employer, Statistics, Comparative analysis, Financial report, New Zealand. Reserve Bank of New Zealand

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