Friday, 4 March 2011

European Central Bank signals interest rate hike over inflation fears

The bank, which manages monetary policy for 17 countries using the euro, prices held steady at its meeting Thursday. However, in a press conference held after he ECB President Jean-Claude Trichet, which analysts wel a clear sign that the bank is willing to part ways with the U.S. Federal Reserve to the interest of the historic lows to increase during the recent recession
European Central Bank signals interest rate hike over inflation fears

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