Tuesday, August 5, 2008
Yawn!
ECB, BoE expected to leave rates unchanged
The European Central Bank and Bank of England will likely leave interest rates unchanged Thursday, paralyzed by mounting inflation and slowing growth. Accelerating prices and signs that growth has stalled are major dilemmas for both banks.
One thought on “Yawn!”
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Iain Greig says:
How nice to be stuck between a rock and a hard place. I do hope the fence they are all perched upon is electrifed barbed wire.