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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (75869)6/27/2007 7:05:02 AM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
Report: ECB planning more hikes but undecided on timing

By Steve Goldstein
Last Update: 7:00 AM ET Jun 27, 2007

LONDON (MarketWatch) -- The European Central Bank is planning more rate hikes but is undecided on timing or how many, Market News International reported, citing sources in the Eurosystem. The governing council is undecided on whether to keep to its practice of hiking each quarter or whether it can slow that pace as rates near their peak, the report said. A September hike is more probable now than one or two months ago, the report added, citing an unnamed source.

Link: marketwatch.com