Fed Rate Cuts
Fed Rate Cuts
by takeshitsai on Wed Apr 23, 2008 10:56 pm
U.S. policy makers have cut their main interest 3 percentage points since September to prevent the economy from slipping into a recession amid widening financial company losses, while the ECB has kept borrowing costs unchanged since June.
Mounting inflation pressure in the euro area may even lead policy makers to consider a rate increase, the Wall Street Journal quoted ECB policy maker Erkki Liikanen as saying. His colleague, Axel Weber, who last week said policy makers will assess whether the benchmark rate of 4 percent is high enough to contain ``intolerably'' fast inflation, speaks in Munich
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Mounting inflation pressure in the euro area may even lead policy makers to consider a rate increase, the Wall Street Journal quoted ECB policy maker Erkki Liikanen as saying. His colleague, Axel Weber, who last week said policy makers will assess whether the benchmark rate of 4 percent is high enough to contain ``intolerably'' fast inflation, speaks in Munich
Free registration : click below :-
[url= http://easylnk.com/?5764] http://easylnk.com/?5764[/url]
