As expected the European Central Bank decided to keep the interest rate unchanged at 1.5%; Jean-Claude Trichet, president of ECB, addressed the current risks in the Euro Area including the bank’s new predictions of the GDP growth in Euro Area…
As expected the European Central Bank decided to keep the interest rate at the same level of 1.5%; this rate decision didn’t seem to surprise the market and concerns over the debt in Europe continues to be one of the…
As expected the European Central Bank decided to raise the interest rate by 0.25% to 1.5%; this rate decision didn’t seem to affect the financial market as the Euro to US dollar continues to moderately fall. What does this decision…
The recent European Central Bank decision to raise the Euro Area interest rate came with little surprise. What does this decision mean to the financial markets and in particular the commodities market? The European Central Bank convened yesterday in Frankfurt,…
The speculations around the European Central Bank meeting tomorrow rises: the ECB will need to deicide tomorrow to raise or not its Interest rate which is currently at 1%. The rate remained at this level since June 2009. These speculations…