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Europe Daily Bulletin No. 9690

26 June 2008
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) ep/ecb
Interest rate rise in July still on the cards

Brussels, 25/06/2008 (Agence Europe) - Inflation in the eurozone will remain high before falling slightly in 2009, explained the president of the European Central Bank (ECB), Jean-Claude Trichet, on Wednesday 25 June 2008. His department is forecasting that prices will rise by between 3.2% and 3.6% in 2008 and by between 1.8% and 3% in 2009. This is not satisfactory and it is worrying that the current rates risk affecting the expectations of economic players, Trichet told the European...

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