Articles About Jean-Claude Trichet
- Author:
- James I. Clark III
- Posted:
- 05.03.2011
European Central Bank Raises Interest Rates to Fight Inflation
The Federal Reserve is unlikely to follow the European Central Bank’s (ECB) recent decision to raise interest rates and will hold off until there is looming inflation. The ECB’s move may be the first of several this year as high oil costs drive consumer prices above its target. That’s not to say that some members […]