(Bloomberg) -- The European Central Bank will
probably raise its benchmark interest rate to a six-year high
today and leave the door open for another increase to keep
economic growth from fueling inflation, surveys of economists
show.
ECB policy makers, led by President Jean-Claude Trichet,
will raise the benchmark rate by a quarter-point to 4 percent,
the highest since August 2001, according to all 52 economists in
a Bloomberg News survey. The Frankfurt-based bank will increase
its key rate at least once more this year, a separate survey
shows.
Read more at Bloomberg Bonds News
probably raise its benchmark interest rate to a six-year high
today and leave the door open for another increase to keep
economic growth from fueling inflation, surveys of economists
show.
ECB policy makers, led by President Jean-Claude Trichet,
will raise the benchmark rate by a quarter-point to 4 percent,
the highest since August 2001, according to all 52 economists in
a Bloomberg News survey. The Frankfurt-based bank will increase
its key rate at least once more this year, a separate survey
shows.
Read more at Bloomberg Bonds News
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