The Fed’s move, which reflected a dire view of the state of the American economy, raised pressure on the European bank to concede that the slowdown an ocean away would drag down Europe, where the major countries are expected to show slightly softer economic growth after two years of robust performance.
Thursday, January 24, 2008
Central Bankers Now Admit that Inflation is a HUGE Concern
The Fed’s move, which reflected a dire view of the state of the American economy, raised pressure on the European bank to concede that the slowdown an ocean away would drag down Europe, where the major countries are expected to show slightly softer economic growth after two years of robust performance.
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