- Breaking News San Mateo County ninth-graders struggle to stay fit
- Breaking News Food and wine events
- Breaking News Ask Amy: What To Do When the Doctor Isn t in the House
- Breaking News Ed Blonz: Keep your diet normal pre-surgery
Euro slide halted by ECB hint at higher interest rates
0 Comments | AFP, November, 2005
LONDON (AFP) — The euro's slide towards two-year lows against the dollar came to an abrupt halt Friday after European Central Bank (ECB) chief Jean-Claude Trichet gave his strongest hint yet that interest rates in the 12-nation eurozone would rise in December.
The euro changed hands for 1.1747 dollars in late European trading from 1.1748 dollars late on Thursday in New York.
The dollar stood at 119.16 yen from 118.79 yen on Thursday.
"After two and a half years of maintaining historically low interest rates, I consider that the governing council is ready to take a decision on interest rates," Trichet said in a speech at the European Banking Congress.
He added that interest rates would still contribute to sustainable growth and job creation.
...
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Portfolio forecasting tools: what you need to know
- HR is mission critical at the FBI: thirty years of corporate HR experience helps the FBI's new HR chief revamp an organization that is changing to meet the challenges of the post-Sept. 11
- The Middle Management Challenge: Moving From Crisis to Empowerment. - book reviews
- Fighting financial reporting fraud
- Personality and organizational citizenship behavior
- SAS #82: sword or shield?