Monday, Aug 28, 2006

ECB set to raise rates in October

Bloomberg: ECB May Signal Rate Increase in October on Inflation Concerns

The ECB is likely to signal this week that it will raise interest rates by a quarter point in October. Economists also expect another increase by the end of the year, bringing rates up to 3.5 percent in the Eurozone.

Posted by Paulm @ 10:38 AM (522 views)
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