The European Central Bank is expected to raise its main lending rate in the 15-nation eurozone by a quarter of a percentage point in an attempt to control inflation.
Most financial institutions believe the ECB will raise the rate to 4.25 percent with inflation of four percent a greater concern than weakening economic growth. Rising commodity prices have been responsible in great part for the highest inflation levels in Europe in years.
(Deutsche US Fed cuts benchmark interest rate to 2 percent ...
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