ECB looks poised to raise rates; Inflation worry is expected to prompt Central Bank action

Article Abstract:

This article discusses the apparent plan of the European Central Bank to raise interest rates. Observers think that concern over inflation will influence the ECB's governing council to act.

European Union, Statistical Data Included, Finance, Brief Article

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Some think ECB may raise rates before year end

Article Abstract:

Interest rates in the European Union are forecast to increase by .25 percent by the European Central Bank in December 2005. The raise is being considered because of the stressors of an increased money supply and the overheating housing market. The current historic low rate is two percent.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis

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European Bank defends plan to raise rates

Article Abstract:

Jean-Claude Trichet, President of the European Central Bank was set to increase interest rates to curb inflation. However, European politicians see an interest rate increase as a move that would choke economic growth. Currency rates of the United States Dollar are up against the European Euro.

United States, Trichet, Jean-Claude

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