Jump to content
House Price Crash Forum
Sign in to follow this  

F. T. : Eurozone I R Likely To Rise As E C B Remains Hawkish

Recommended Posts


Market Preview: Consumer spending poses challenge to hawkish ECB

By Chris Flood

Published: April 2 2006 11:08 | Last updated: April 2 2006 11:08

increasingly hawkish rhetoric from the European Central Bank suggests an increase in eurozone interest rates
on Thursday cannot be ruled out, while no change is expected from the Bank of England, which appears to be maintaining a "wait and see" stance on rates.
The March eurozone purchasing managers' (PMI) surveys for manufacturing on Monday and the service sector, due on Wednesday, are expected to point to further modest improvements in both sectors.

Gordon must be getting worried now as his entire "Miracle Economy" rests on low IR and high house prices both of which are dissappearing as the world raises the rates. Tony will keep him in No. 11 to watch him squirm--wicked isn't it!

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.