Europe leaves rates unchanged: central banks focus more on inflation than credit and slowdown in growth
Article Abstract:
Europe's central banks did not change their key interest rates as policy makers targeted the threat posed by higher prices than slower economic growth and the ongoing credit market turmoil. The Bank of England kept its rate at 5.25%, while the European Central Bank kept its rate at 4%.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
United Kingdom, Commercial Banks, Banking industry, United Kingdom. Bank of England
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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ECB holds benchmark rate steady: increase seems likely in June amid growth; role of strong euro
Article Abstract:
Inflation pressures and strong economic growth in the euro-zone have prompted the European Central Bank to maintain its interest rate at a five-year high, at 3.75%. An increase to 4% is expected in June 2007.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Capital funds & cash flow, Economic aspects, Euro (Currency), Economic indicators, Valuation, Euro currency transition
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
Subjects list: Standards, Interest rates, European Union. European Central Bank
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