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January 14, 2008
Comparing U.S. Interest Rate Adjustment Policies with those in the U.K. and the E.U.
Here is a fascinating article comparing the Federal Reserve Board's Federal Open Market Committee (FOMC) response to the now-global crisis stemming from the U.S. mortgage meltdown with the response of the Bank of England (BOE) and the European Central Bank (ECB). The ECB may be considering raising interest rates to combat the potential for inflation.
Link: http://archive.constantcontact.com/fs018/1101875042839/archive/1101934910245.html
(ag) Jan. 14, 2008, in Economy/Interest Rates
January 14, 2008 in Economy/Interest Rates | Permalink
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