There would have been disappointment if the Bank didn't act today, ... Inflation is low and under control and the ECB is quite concerned about the economic outlook. |
There would have been disappointment if the Bank didn't act today. Inflation is low and under control and the ECB is quite concerned about the economic outlook. |
They are marked by different traditions and they have a stronger Anglo-Saxon background. |
This is the moment of reckoning for the dollar. Europe is at last returning to normal growth. |
This is very bad timing for the euro, and the report won't go down well with finance ministers or the European Commission, which is firmly against relaxation, |
This is very bad timing for the euro, and the report won't go down well with finance ministers or the European Commission, which is firmly against relaxation. |
This report makes a further ECB interest rate increase in the first quarter of 2006 very likely: we have been looking for this to come in early March, but with a report like this, it could come sooner. |