ECB to Ascend Interest Rates as Eurozone Factory-Gate Prices Attain a New High
Submitted by Danny Garcia on Mon, 04/04/2011 - 19:25
As per the new statistics released on Monday, an additional pressure has now mounted on the European Central Bank to increase their interest rates very soon in the near future after Factory-Gate prices in the Euro zone have experienced a new high.
Euro reaches to its nearly Two-Month High prior to Orders Report; AS$ went down
Submitted by Upneet Sandhu on Mon, 01/24/2011 - 12:00
The euro was seen trading near a two-month high versus the dollar and the yen before a report that economists thought will show new industrial orders in the 17-nation region getting more .
Finance ministers of Euro zone will discuss changes for rescuing fund
Submitted by Cristina Warne on Mon, 01/17/2011 - 15:05
On Monday Euro zone finance ministers will discuss a hike in the effective lending capacity of the euro zone rescue fund, for trying to draw a line under the sovereign loan crisis before more countries need help.
European Central Bank has kept its main interest rates unchanged
Submitted by Jatinder Kumar on Fri, 01/14/2011 - 13:21
The European Central Bank has retained its main interest rate intact at one percent for the twentieth consecutive month with the euro zone debt crisis boiling.
ECB leaves rate unchanged at 1% as economy shows signs of recovery
Submitted by Medha Sood on Thu, 08/06/2009 - 18:10
The European Central Bank has kept its refinancing rate untouched at a record low of 1 percent as it wants to wait to observe the impact of efforts made so far to stimulate the economy.
In UK, the Bank of England extended its quantitative easing program, while left its interest rate at a record low of 0.5 percent.
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