European Interest Rates Likely Unchanged
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The European Central Bank council meets to set interest rate policy Thursday, amid expectation that it will keep its key rate steady, as it awaits solid evidence the continent's economic recovery has firmed up.
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Analysts expect the European Central Bank to keep interest rates on hold as jitters continue to affect world markets.
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LONDON : The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain&#39;s red-hot housing market is cooling slightly.
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The European Central Bank will probably keep its benchmark interest rate at 2 percent this week amid evidence that economic growth in the 12-nation region is slowing, 40 economists surveyed by Bloomberg News said.
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European stock markets looked likely to open little changed on Tuesday as investors awaited the return of their US counterparts after the previous session's Labour Day holiday.
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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 Bank of England&#39;s rate rise on Thursday - a quarter of a percentage point to a six-year high of 5.75 per cent - may have been predictable, but it will give consumers pause for thought. The European Central Bank meanwhile kept rates steady at 4 per cent, but signalled that markets can expect a rise later this year. Despite some doubts over the future direction of UK and European inflation, the decisions were correct, albeit a month too late in the case of the BoE.
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The European Central Bank has left interest rates unchanged, playing down fears of a stumbling economic recovery and expressing confidence that
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The Bank of England appears set to hold interest rates steady for at least the next few months after revealing policymakers did not even discuss raising borrowing costs at their November meeting.
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European equities firmed slightly on  Friday while euro zone bond yields slipped after U.S.  second-quarter gross domestic product data, which rose in line  with economists' forecasts.
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European stock markets have steadied ahead of a pre-budget report by British finance minister Gordon Brown and on the eve of interest-rate decisions by the ECB and Bank of England.
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Poland's central bank kept key interest rates unchanged Wednesday after three straight months of increases, surprising markets that expected a quarter or half percentage point hike.
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The Bank of England surprised precisely no one by leaving interest rates unchanged at 4.75 percent for a fourth successive month, a decision widely anticipated amid continued signs of a cooling British economy.
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The Bank of England also left its benchmark rate unchanged at 5.75 percent.
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The central bank left its benchmark interest rate unchanged at 5.25 percent and signaled that it would keep it at that level for some time.
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The Bank of England has kept interest rates unchanged at 5.25 percent, opting for a wait-and-see approach on the economy after January's surprise hike had rattled financial markets.
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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.