Realistbear Posted May 6, 2006 Share Posted May 6, 2006 http://www.axcessnews.com/modules/wfsectio...?articleid=9417 May 5, 2006 (EUNN) London - The European Central Bank said that it may consider raising interest rates more than anticipated following a meeting of ECB policymakers Friday. ECB President Jean-Claude Trichet signaled a rate rise in June but Friday, policymakers said they were leaving open the possibility of a bigger than expected rate rise . In speaking to reporters a conference in the German town of Eltville, Governing Council member Axel Weber was quoted as saying, "I don't want to be misunderstood, but all options are always open." His comment was in response to a reporters question of a possible half-point interest rate increase. Over the last two quarter-point ECB rate increases it did little to curb inflation. "We are in an environment where we have a very strong liquidity dynamic. It has increased despite the two rate moves, and we have more liquidity than is needed to finance non-inflationary growth," said Weber. The warning sirens are wailing--its time to try to get out of interest rate sensitive assets while you can Quote Link to comment Share on other sites More sharing options...
Duplex Posted May 6, 2006 Share Posted May 6, 2006 The ECB's inflation target is 2.00%, actual inflation 2.40% and accelerating. The ECB's M3 money supply growth target is 4.5%, actual growth is 8.6%. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted May 6, 2006 Author Share Posted May 6, 2006 (edited) The ECB's inflation target is 2.00%, actual inflation 2.40% and accelerating. The ECB's M3 money supply growth target is 4.5%, actual growth is 8.6%. .50% next time? That is going to impact Ireland somewhat as their bubble is tighter than the UK and tighter than a_____ _________ Edited May 6, 2006 by Realistbear Quote Link to comment Share on other sites More sharing options...
othello Posted May 6, 2006 Share Posted May 6, 2006 (edited) I think .25 is enough to do it - look what happened last year, until they were eased off... bring it on! Edited May 6, 2006 by othello Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.