[Skip to the end] Highlights: France’s Unemployment Rate Drops to 7.5%, Insee Says Scary low rate for the ECB. German 2008 Tax Revenue to Grow
[Skip to the end] Highlights European Inflation Accelerates More Than Forecast as Oil Surges Note the concern over inflation expectations in the text below. That’s
Today’s headlines not conducive of a rate cut. And the only thing the ECB sees that’s keeping inflation from being a lot worse is the
ECB’s Constancio Says Stronger Euro Helping to Curb Inflation So far, with inflation running well above target the ECB has decided it can’t afford to
If the euro hadn’t been as strong as it is, inflation would be that much higher over there. Highlights: European Inflation, Labor-Cost Growth Accelerate European
European News Highlights: ECB’s Weber Sees `Little’ Room to Cut Interest Rates rising MNOG (minimum noninflationary output gap) as inflation rises at current levels of
Should the Fed turn it’s attention to inflation, it will find itself way behind that curve. The US cpi is about 100 bp higher than
With the US Fed cutting aggressively, and now a reasonably large US fiscal package a near certainty, the mainstream will see increase in US demand