Sweden cuts interest rates; officials doubt ECB to follow
Article Abstract:
Interest rates have been cut by half a percentage point by the Riksbank, Sweden's Central Bank, sparking speculation that the European Central Bank may post a cut in interest rates also. However, Klaus Liebscher and Christian Noyer, European Central Bank regulators were not supporting a rate cut. Currency markets were affected by the speculation, decreasing the Euro, the Pound and the Swiss Franc against the Dollar.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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ECB leaves rates unchanged but indicates June rise is likely
Article Abstract:
Interest rates remain unchanged by the European Central Bank, although Jean-Claude Trichet forecasts a likely increase in June 2006. The European Union economic outlook continues to be positive with estimated growth of 2 percent to 2.5 percent this year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Indicators bolster ECB's case for raising rates
Article Abstract:
The European Central Bank is set to increase interest rates to 2.5 percent. Economic forecasts indicate higher inflation and increased economic growth. Economic growth for the European Union in the fourth quarter of 2005 was down.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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