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Image header Agence Europe
Europe Daily Bulletin No. 9773
Contents Publication in full By article 19 / 36
GENERAL NEWS / (eu) eu/economy

Sharp decline in economic outlook and fall in inflation call for lower interest rates

Brussels, 30/10/2008 (Agence Europe) - While the deterioration in confidence indicators continues, a further fall in inflation would lead to a fall in eurozone interest rates by the European Central Bank (ECB). Already deemed “possible” by ECB President Jean-Claude Trichet, a relaxing of credit conditions, albeit uncertain, nonetheless seems to be shaping up for many market players reckoning on a further 50 base point fall during the meeting on Thursday 6 November (as was the case with...

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