Thursday, Mar 08, 2007
ECB goes for it
BBC: Eurozone interest rates hit 3.75
The European Central Bank has raised its key interest rate to 3.75%, in a bid to keep inflation under control
Posted by holding out @ 12:52 PM (161 views) Add Comment
6 Comments
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1. dohousescrashinthewoods said...
Indiablue19, how do I go about emigrating to a sensible economy..?
2. financial planner said...
You mean, like Ireland or Spain? Do us a favour.
3. dohousescrashinthewoods said...
Somewhere that has fiscal policy, rather than "if we don't move, maybe inflation won't see us".
Oh, and a criminal government busy embezzling the future to the detriment of today.
Wouldn't that be nice?
4. harold said...
ECB goes for it - thank God, let's hope the £ starts to falter.
5. sirgoogle said...
Hey - what a nice (unsurprise). My Euro savings will get a boost. Looking at the markets should soon will think about switching the bulk of Sterling savings to Euro too.
6. tyrellcorporation said...
Can anyone else explain why such a difference between the ECB and the BoE? The ECB is bang on inflation target or even slightly below and yet they are still raising rates. The UK is at the very top end of their range, money supply is booming, houses are booming retail sales are healthy and wage growth is accelerating of the range and yet they do nothing!!!