"ECB President Jean-Claude Trichet scrambled to counter an unexpected rise in euro-zone inflation, signaling that he won't hesitate to raise rates if recent signs of price pressures become firmly entrenched". "Money-market rates rose during Mr. Trichet's press conference, and the euro jumped above $1.33 against the U.S. dollar as investors reassessed their European interest-rate forecasts".

Report Article

Please complete the required fields.

Your Name

Email

Reason (required)
This post contains broken links Post has incorrect information Post has spam Copyright Issue Other

Description

Submit