Sunday, 17 August 2008

ECB Manfully Fights Inflation

click here to go to the blogThe European Central Bank must be trying to break the record. The eurozone is plunging into a recession of unknown duration and depth, and yet the ECB has just raised interest rates. It says that it will not be cutting them until inflation is under control. In fact, says the FT journalist talking in this interview, the ECB are quite pleased to see a recession ...

Posted on The Tap Blog