European News Headlines:
|Europe Industrial Production Falls for Second Time in 3 Months|
Fed beggar they neighbor policy robbing some demand.
|European Bonds Gain on Speculation ECB Won’t Lift Interest Rate|
inflation on the rise
|Bonello Says Inflation May Slow to 2% by End of Year|
He also says this will happen if oil and other prices come down ‘as expected’- must be looking at futures prices.
|Italian Industrial Output Falls for Third Month in November|
|Norway Expects to Drill 35 to 40 Oil-Exploration Wells in 2008|
High prices may bring out more supply – some day.
|Icelandic January Inflation Holds at Highest Since March|