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With today's economy, it's hard to feel like you can stay on top of things. Everyone worries if can can pay your credit card bills or about the possibility of losing the job. Maybe somebody has to reduce hours of work or to choose between the services. If you lose your ...

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types of banking

Banking has changed in many ways over the centuries. The oldest forms of banking were often simple loans issued to businesses to buy their property. Once the goods were sold, the lender collected the money for the loan with interest. Today banks have diversified their services and products in order ...

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How well it would have been if all goes according to plan. You at first hand never taken a loan and if caught you would be repaid on time. Well, it never happens, otherwise you would have been living in an ideal world. However management services debt help execute your plans ...

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There are many properties in a stage of foreclosure or taken back by lenders at this time and a lot of buyers ask about them, because they heard that's where you can get an incredible deal. You should mention that there is much misinformation and hype out there and we ...

Archive for July, 2011

ECB Again Signals Interest Rate Hike

Posted by Charles Hughes on July - 1 - 2011 0 Comment

Comments made today by European Central Bank President Jean-Claude Trichet once again point to a likely interest rate increase when the ECB meets next week to deliver its July statement. Inflation did hold steady in June but it remains well above the Bank’s inflation rate target.

“We are strongly determined to secure that inflation expectation remain firmly in-line (with our expectations),” ECB President Jean-Claude Trichet told the European Parliament’s economic and monetary affairs committee. “The current monetary policy is accommodative and … as I said we are in a state of strong vigilance,” he said.

The phrase “strong vigilance” has regularly been deployed to signal a rate hike in the past.