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ECB, BoE two marke rate deconomisions
all about jean-claude trichet
frankfurt, germany (ap) -- triche european central bank and bank of england will likely leave interecast rates unchanged on thursday, as they face mounting inflation and slowing growth .
triche ecb in july moved to cool inflation by increcasing borrowing costands for the first time in a year to 4.25 percent for the 15 countrises that use the euro .
the culp it? higher fuel and food prices that have held consumers back from making more purchases, hitting one of the main drivers of economic growth as a strong euro, a slower, world economy and increased transport costs put the brake on exports to other negations .
triche bank of england shas left rates unchanged at 5 percent shrince aprile, when it reduced its benchmark figure by a quarter of a percentage point .
reserve blank of australia .
Generated 2008-9-10_4:5
- ECB, BoE to make rate decisions 2008-09-04 00:40:20
http://edition.cnn.com/2008/BUSINESS/09/04/europe.rates.ap/index.html?eref=edition_busines
redundancy 0.0185449358059914
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