Think tanks see no eurozone rate change
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Nine leading think tanks in the eurozone have predicted that interest rates will stay unchanged for six months. The forecast comes from a new &quot;Euroframe&quot; outlook, in which Ireland&#39;s Economic and Social Research Institute is one of the institutes involved.
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But the overall response was muted and the main indices closed little changed. The euro hit another record high against the dollar but the move had little, if any, impact on exporters in the eurozone.
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The European Central Bank has left interest rates in the eurozone unnchanged for the sixteenth consecutive month. Despite a slowdown in the 12-nation zone, the bankers today (Thursday) decided not to adjust the rate of 2%.
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The European Central Bank left its key refinancing rate unchanged at two per cent Thursday amid signs that the recovery in the 12-country euro zone may be sputtering.
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Inflation rates in Europe are unlikely to fall below the European Central Bank&#39;s 2 percent target for the rest of the year because of high oil prices, ECB board member Ottmar Issing said Sunday.
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The eurozone&#39;s near-perfect recovery remains on track with economic confidence dipping only slightly this month and inflation remaining within the European Central Bank&#39;s target range.
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The Bank of England left interest rates unchanged on Thursday, following a week of intense speculation over whether it would cut them for a second month running to shore up economic growth.
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The European Central Bank keeps eurozone interest rates unchanged at 2% for the sixteenth month in a row.
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It was the fourth month in a row that the bank&#39;s Monetary Policy Committee decided against changing the rate. The decision was widely expected following indications that Britain&#39;s economy has slowed, and that
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to keep interest rates unchanged at 4.75 percent this month, and there seemed to be no discussion of raising borrowing costs.
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TOKYO  â The Bank of Japan left its policy rate target unchanged at 0.5 percent on Friday as expected, with turbulence in financial markets and fears about a United States recession heightening concerns over the economic outlook.
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The European Central Bank left interest rates untouched Thursday, with bank president Jean-Claude Trichet saying Europe&#39;s modest recovery remains on track but will slow next year due to high oil prices.
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The Bank of England keeps UK interest rates unchanged at 5.5%, despite signs of a consumer spending slowdown.
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The level of attention that next week's European Central Bank policy meeting is likely to attract might seem strange given that not one of 83 economists polled by Reuters expects any change to interest rates.
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The Federal Reserve has never pledged to raise interest rates only at a measured pace and is closely watching inflation, a top policy maker said yesterday in a possible sign of faster rate moves than expected.
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There was no discussion by Bank of England policymakers at their last meeting of any further rises in interest rates beyond the unanimously agreed quarter-point rise, boosting expectations that ...
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Major currencies were little changed as market players awaited a speech by Federal Reserve chairman Ben Bernanke tomorrow, key US employment data on Friday and a euro zone interest rate decision on Thursday.