European interest rates on the rise
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European interest rates were on the rise yesterday after the Bank of England announced another increase in borrowing costs and the European Central Bank signalled that eurozone rates were likely to go up in September.
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The eurozone interest rate is raised to 3.5% as the European Central Bank keeps a close rein on inflation.
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The European Central Bank holds interest rates at 3%, amid signs of easing eurozone inflation.
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Interest rates on short-term Treasury bills rose in yesterday's auction with rates on six-month bills climbing to the highest level in four months.
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Europe&#39;s main stock markets rebounded on Thursday as investors geared up for interest rate decisions from the European Central Bank and the Bank of England.
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FRANKFURT, Germany- The European Central Bank raised its key interest rate a quarter point to 3.75 percent Thursday and set the stage for another hike, in a move aimed at keeping inflation contained amid strong ...Comment
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The European Central Bank signalled Wednesday that eurozone interest rates were set to rise in the coming months as the financial markets bet on a move as early as next week.
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The US Federal Reserve raised US interest rates tonight for a fourth time this year by a quarter percentage point. It cited brightening job prospects, indicating that more increases may lie ahead.
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European stock markets pushed upwards in early deals as company news provided a fillip in otherwise cautious trading ahead of a US interest rate decision.
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Do you have a hunch that interest rates are going up? Here are five ways to bet on it.
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The Federal Reserve raised official interest rates last month for the third time this year despite a mixed economic outlook. The rate increase took the benchmark federal funds rate to 1.75 percent from 1.50 percent.
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Switzerland raised interest rates for the seventh time in a row on Thursday, as the central bank acknowledged that opening the country&#39;s borders to European Union citizens had accelerated economic growth.
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The Reserve Bank has raised the Official Cash Rate by a further 25 basis points, to 6.5 percent. It&#39;s the sixth rate rise this year, and matches market anticipations.
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As policy makers around the world respond to the threat of accelerating inflation, The Bank of England yesterday raised interest rates for the fifth time in little less than a year and Jean-Claude Trichet, president of the European Central Bank, hinted at a possible rate increase later this year .
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European stock markets move higher after sharp overnight falls in the Far East and the US amid interest rate worries.
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Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets.
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European equity markets opened higher on Wednesday, lifted by rallying financial stocks and following gains in the US and Asia.