Thursday, Aug 03, 2006

Rate rise predicted for ECB today at midday

BBC News: ECB expected to up interest rates

The European Central Bank (ECB) is expected to raise interest rates by a quarter of a percentage point to 3% later on Thursday to target inflation. With inflation in the eurozone at 2.5% over the past three months, well above the bank's 2% target, most analysts predict the fourth rise since December.

Posted by webmaster @ 09:47 AM (479 views)
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2 Comments

1. waitingfor hpc said...

mmm say problem in UK... but different solution. Put our heads in the sand.

Thursday, August 3, 2006 11:50AM Report Comment
 

2. harold said...

It's just possible that they will go for .5

Thursday, August 3, 2006 12:27PM Report Comment
 

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