Tuesday, Jun 27, 2006

Inflation Ahoy!

TimesOnline: Central banks renew warning over inflation

THE worlds leading central bankers sounded a renewed alert over rising inflationary dangers yesterday and issued a warning that they may need to raise interest rates more aggressively to counter increasing price pressures.

The sharp reminder to markets that central banks are on their guard against inflation came after three days of talks among their governors and senior officials at the annual meeting of the Bank for International Settlements (BIS) in Basle.

Posted by tyrellcorporation @ 09:40 AM (2914 views)
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