ECB sounds note of pessimism, increasing chances of a rate cut

Article Abstract:

The article discusses the possibility that the European Central Bank (ECB) will ease interest rates soon, due to increased uncertainty surrounding economic expansion in the euro area in the second half of 2001.

Federal reserve banks

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ECB is expected to raise rates despite tame info

Article Abstract:

The European Central Bank (ECB) will probably increase interest rates in the near future, despite a weaker-than-expected September business-climate index in Germany, which is the euro-zone's biggest economy. Moderate euro-zone September consumer information released on Tuesday also did not dissuade ECB officials from believing that increasing euro-zone economic growth could bring medium-term inflation risks, stated analysts. Many economists predicted that the ECB's policy-making council would boost rates at its November 4 meeting.

Germany, European Union

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Firm hand: ECB earns wings as inflation fighter with rate increase; markets approve decision to tighten by 1/2 point; others aren't so sure; still looking for neutral

Article Abstract:

The European Central Bank increased short term interest rates by a half-percentage point on Nov 3, 1999, to ensure inflation stays below 2%. The euro-zone inflation rate is 1.2%.

Commercial Banks, Commercial Banking, Statistical Data Included

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