Articles > Reference > News Wires, White Papers, and Books > Xinhua News Agency news wires > January-March 2008 > Friday, February 8

Article: News Analysis: ECB leaves interest rates unchanged, pressure remains

Article from:
Xinhua News Agency
Article date:
February 8, 2008
Copyright

News Analysis: ECB leaves interest rates unchanged, pressure remains

BEIJING, Feb. 8 (Xinhua) -- Pressure remains on the European Central Bank (ECB) to cut interest rates in the first half of thisyear as the negative effects of financial market instability feed through, despite the bank's decision to keep its key rates unchanged, analysts said.

The ECB decided on Thursday to hold its key interest rates steady at 4 percent, ignoring calls from European economic circlesto follow the U.S. Federal Reserve's lead to lower rates to promote economic growth.

However, volatile financial markets will further affect the real economy in Europe, leaving the possibility open for a cut in the ECB's ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: ECB won't follow Fed in cutting interest ...
International Herald Tribune;  January 24, 2008 ;     700+ words ... ... 24-2008 ECB won't follow Fed in cutting interest rates Trichet asserts ... Trichet, the ECB president ... might raise interest rates, needed to ... difference in interest rates has become fodder ... University, said the ECB had fallen far ...

Article: ECB official indicates interest rates may ...
International Herald Tribune;  September 9, 2007 ;     557 words ... ... strongest sign yet the ECB may push ahead with higher interest rates once market turbulence ... at 4 percent.The ECB president, Jean ... process of adjusting interest rates. I have said that ... the sidelines of an ECB-watchers conference ...

Article: ECB, Bank of England leave respective interest ...
AP Worldstream;  May 8, 2008 ;     700+ words ... ... held their official interest rates steady on Thursday ... next month when the ECB is likely to again ... to hint at higher interest rates, after a pair of ECB governors said last ... the bank to raise interest rates. The euro reached ...

Article: THE European Central Bank (ECB) is expected to cut ...
Irish Independent (Dublin, Republic of Ireland);  May 6, 2009 ;     700+ words ...Homeowners in seventh heaven as ECB to cut interest rates again THE European Central Bank (ECB) is expected to cut interest rates again tomorrow in what will be the seventh cut in seven months. A cut of ...

Article: ECB shapes up for zero tolerance of our zero real ...
Irish Independent (Dublin, Republic of Ireland);  November 9, 2006 ;     700+ words ... ... debate about interest rates is whether the ECB, with its twelve ... Trichet, want the ECB to behave like ... certain that interest rates have further ... week, with the ECB's survey of ... five rises in interest rates to date have ...

Article: ECB Is Expected to Raise Interest Rates
AP Online;  November 29, 2005 ;     700+ words ... ... been since June 2003. ECB President Jean-Claude ... moderately augment" interest rates _ a statement taken as ... whom fidgeted as the ECB held steady over the ... the same period. The ECB, in contrast, resisted ... take a decision to move interest rates and moderately augment ...

Article: ECB Expected to Raise Interest Rates
AP Online;  November 29, 2005 ;     700+ words ... ... been since June 2003. ECB President Jean-Claude ... moderately augment" interest rates _ a statement taken as ... whom fidgeted as the ECB held steady over the ... the same period. The ECB, in contrast, resisted ... take a decision to move interest rates and moderately augment ...

Article: ECB MAY BE SET TO GIVE WAY ON INTEREST ...
The Evening Standard (London, England);  December 3, 2002 ;     700+ words ... ... and pressure to cut interest rates, the bank's governing ... as a result of the ECB's stance - British ... change - in the key ECB interest rates," he said. And last ... change - in the key ECB interest rates," he said. And last ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives