How Much Mileage Can Euro Gain From Trichet's Remarks?

by gracecheng | December 7, 2006 at 06:41 am

456 views | 20 Recommendations | 1 comment

No surprises from the European Central Bank which delivers a 25bp rate
hike to 3.5%. The real currency action only occurred after the rate
annoucement when ECB President Trichet spoke. He said interest rates are still at low levels,
following the Bank's decision to increase rates by another 25 bp. In
explaining the risks to the downside for euro-zone growth, ECB's
Trichet mentions.......

At NowPublic, this is high praise from NowPublic editors! Your story is now on the home page for awhile, and everywhere else the “good stuff” box shows up. Many thanks for your great work.

NowPublic