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Is There Something Wrong With My Geography

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The European Central Bank has voted to keep interest rates on hold at 2.5%.

Rates have now remained steady for two months following March's 0.25% rise.

Analysts expect the bank will again raise rates by a quarter of a percentage point in June to tackle any inflationary concerns.

With eurozone economies recovering in the face of high oil prices, the bank's president Jean-Claude Trichet has himself already suggested a June rise.

Analysts expect the eurozone interest rate to reach 3% before the end of the year, as inflationary pressures increase.

The latest eurozone inflation figure for April was 2.4%, above the ECB's target rate of below 2%.

Now isn't Europe that large land mass just off the coast of Dover? Or is this someplace else because they certainly seem to have different problems with inflation and the need to takle it than we have?

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  • 339 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%

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