Home | Contact
       
 
 
Friday 9th, January 2009 -- 22:44 GMT
Sponsored by
 Forex
Eurogroup's Juncker Highlights Growth Fears as ECB Holds Neutral Policy Stance
Posted: 01-10-2008 , 12:33 GMT

Eurogroup head Juncker assumes ECB will consider "all elements in rate decision". Juncker said growth in the Euro-Zone and worldwide shows a clear downward trend, while inflation remains high, even though it has calmed down now a little. Juncker said "a government confronted with such a situation" as this "has two possible ways to act. Either government waits and sees what will happen or a government" acts. Juncker said earlier that Euro-Zone growth could fall below 1% next year and while the comments are not an open call for a rate cut tomorrow, they do suggest that pressure on the ECB to consider some monetary easing is building up.



Printable Version Top of Page
Printable Version
Opinions - No Opinions found for this article
 
 
   
European G8 Members to Meet in Pairs as  ...
Euro, Pound Consolidate As U.S.  ...
Euro-Zone Unemployment Rises to 7.5%,  ...
Euro-Zone Unemployment Rises to 7.5%,  ...
U.S. Sentate to Vote on Revised  ...
U.K. Manufacturing Slips to Record Low,  ...
U.K. Manufacturing Slips to Record Low,  ...
Eurogroup's Juncker Highlights Growth  ...
Improved US Manufacturing Would  ...
Euro-Zone Manufufacturing Slips to a  ...
Swiss Manufacturing Contracts For the  ...
U.S. Securities and Exchange  ...
FX Market Update: Japanese Yen Crosses  ...
German Retail Sales Improves in August  ...
German Retail Sales Improves in August,  ...
Rumours of Lloyds TSB and HBOS Merger  ...
Post of the Day:  ...
AUD/JPY Short-Term Technical  ...
Overnight Interest Rates Update  ...
Chart of the Day: The  ...
  About Us Advertising Contact Us Privacy  
 
© 2000 - 2009 Mena Report (www.menareport.com)