Thursday, Jun 01, 2006

ECB Gets Money-Supply Hint to Double Up on Rates

Bloomberg: ECB Gets Money-Supply Hint to Double Up on Rates

The European Central Bank may break with recent tradition by raising its key lending rate by half a point next week, eschewing the quarter-point moves that have become customary among the world's central banks.

Posted by evictee @ 02:22 AM (505 views)
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1. Surfgatinho said...

After Trichet hinting that there wouldn't be any more rises a couple of months back - that would be hilarious!

Thursday, June 1, 2006 10:29AM Report Comment

2. bidin'matime said...

Kevin Gaynor, head of economics at Royal Bank of Scotland Group Plc in London, yesterday raised his forecast for next week's rate change to half a point. ``The bottom line is that inflation, price expectations and monetary growth are all on the way up,''

I wonder if this message is getting through to the people responsible for RBS/Natwest lending

Thursday, June 1, 2006 01:23PM Report Comment

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