Europe's hold on rates may persist for some time

Article Abstract:

The European Central Bank maintained an interest rate of 4% despite continuing inflation pressures while policy makers analyze whether current credit market problems will negatively impact economic growth. The ECB gave short-term money markets a $57.49 bil injection, to be followed up with additional three-month funds.

Product standards, safety, & recalls, Management dynamics, Standards, Management, Evaluation, Forecasts and trends, Economic conditions, Market trend/market analysis, Monetary policy, Company business management

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Higher food prices to hit Europe: looming increases spur inflation worries, agriculture-policy shifts

Article Abstract:

Food price inflation for June rose 2.1% in the Euro-zone and rose 4.8% in the U.K. Unusual weather patterns, proliferation of biofuel crops, and increasing worldwide food demand are driving prices upward. In response, the European Union has begun to phase out some subsidies, including diary farm export refunds.

Government domestic functions, FOOD AND KINDRED PRODUCTS, AGRICULTURAL PRODUCTION--CROPS, Agricultural industry, Food industry, European Union, Agricultural subsidies, Agricultural policy, Industry forecasts, Food and beverage production/distribution software

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Euro-Zone officials debate tie between money supply, inflation

Article Abstract:

Policy makers at the European Union's European Central Bank are divided over the role of money supply in rising prices and how high they should raise interest rates. Interest rates are currently near a six-year high, with money growth near 24-year highs, prompting concerns over inflation.

Government expenditures, Money Supply, Economic policy, Inflation (Finance), Control, Inflation (Economics), European monetary union

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