ECB tops off a day of rate increases

Article Abstract:

Worldwide central banks and the European Central Bank raised interest rates with projections of further increases if rising inflation and slower economic growth continue. The interest rate for the European Union was raised from 2.5 percent to 2.75 percent. United States Federal Reserve raised its interest rate to five percent.

United Kingdom, United States, Europe, Economic aspects, Central banks, European Union, Global economy

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European policy makers hint at interest-rate rise

Article Abstract:

The European Central Bank is expected to maintain interest rates, but analysts believe that strong euro-zone growth and rising food and oil prices may pressure the ECB to implement rate increases.

Product standards, safety, & recalls, Forecasts, trends, outlooks, Management dynamics, Economic Programs, Administration of Economic Programs, Standards, Management, Forecasts and trends, Market trend/market analysis, Company business management

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