Well, looks like today we may finally get the European interest rate cut, so I’d like to consider the effect it may have on the Euro. I may be entirely wrong but this is how it seems to me fwiw.
European economies have been struggling for nearly 5 years now, the Greek, Spanish, Irish, and
Continue reading ECB Rate cut
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UK Interest rates have been held at 0.5% for 27 months now. This is astounding given that inflation is around 4.5% now, 2.5% above the Bank of England’s target of 2%. And yet, even after the last MPC meeting we still see no sign of change. Economist have noted that
Continue reading Interest rates – will they ever rise?