There's clearly no case for the Bank to be cutting rates from current levels given the strength of the housing market.
More Quotes from Lena Komileva:
It does not matter what share of the market it covers but how good the composition is, and for someone like MasterCard, it is safe to assume this condition is satisfied.Lena Komileva
By choosing to act preemptively, before inflation becomes strong, the ECB is clearly looking to reducing short-term volatility to keep rates in growth-friendly territory.
Lena Komileva
The recent hawkish comments from the ECB suggest that the bank is increasingly concerned about the inflation outlook,
Lena Komileva
Friday's trade data allowed the market to focus on the cyclical performance of the U.S. economy, ... It doesn't appear that the yield difference will shift in favor of the euro any time soon.
Lena Komileva
The results confirm the view that the euro zone exportinvestment-led recovery is graduating to a more self-sustainable level, supporting expectations of rising interest rates in 2006.
Lena Komileva
The firmer Belgian and Italian producer sentiment surveys released yesterday support the view of a strong growth reading on the Germany IFO survey out today.
Lena Komileva
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