Monday, August 28, 2006

ECB set to raise rates in October

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 (578 views)
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