Thursday, June 9, 2011

This may give King the push he needs – Bravo!

ECB's Trichet sets up July interest rate rise

"The European Central Bank is strongly vigilant over inflation pressures, President Jean-Claude Trichet said on Thursday, signalling an interest rate rise is probably only a month away". Now, what does that say about the MPC? The ECB confirmed ""continued upward pressure on overall inflation mainly owing to commodity and energy prices."

Posted by alan @ 02:42 PM (877 views)
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