advertisement

ECB expected to abandon interest rate hikes

 

There could be some relief today for hard hit home-owners.

- Advertisement -

The European Central Bank Chiefs meet in Franfurt this morning where its expected they will abandon plans to hike up interest rates over the coming months

Its as inflation fears ease across the Eurozone.

President Jean-Claude Trichet will hold the news conference at the bank’s headquarters in Frankfurt this afternoon

Economist from National Irish Bank, Ronnie O Toole, believes rate cuts could now be on the agenda reflecting the recent weakness across the broader European economy.

advertisement
advertisement
advertisement