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September 5, 2008 6:46:59 PM CDT


Stories related to: ECB

Stories

4 Stories

  • July 2008
    • Markets Mixed in Light Trading

      Markets Mixed in Light Trading

      (Newser) - The markets ended mixed today amid flat economic news, MarketWatch reports. With volume light ahead of the holiday, General Motors enjoyed a rebound after a sharp fall yesterday helped push the market into bear territory. The Dow gained 73.03 to close at 11,288.54. The S&P 500 gained 1.38, closing at 1,262.90, while the Nasdaq lost 6.08 and settled at 2,245.38. More »

      Tags

      S&P 500   Nasdaq   oil price   Dow Jones Industrial Average   General Motors   unemployment   ECB

    • Europe Hikes Interest Rates to Curb Inflation

      Europe Hikes Interest Rates to Curb Inflation

      (Newser) - The European Central Bank today adjusted interest rates for the first time in more than a year, reports MarketWatch, raising the main rate by a quarter-point to 4.25%. The increase comes just after a report that inflation in the eurozone has reached 4%, the highest rate since the introduction of the euro in 1999. The move was expected, and the euro remained strong, hovering at around $1.58. More »

      Tags

      inflation   interest rate   euro   European Central Bank   ECB   eurozone

  • April 2008
    • Dollar Rallies at Last

      Dollar Rallies at Last

      (Newser) - The dollar rose to a three-week high against the euro today and looked set to post its biggest weekly advance since March. The dollar advanced to $1.55 per euro this morning in London, after falling below the $1.60 barrier on Tuesday. The dollar also gained against the yen, and investors are betting on another strong showing next week, reports Bloomberg. More »

      Tags

      Federal Reserve   US dollar   euro   yen   European Central Bank   ECB

  • September 2007
    • ECB Pumps Cash Into European Markets

      ECB Pumps Cash Into European Markets

      (Newser) - The European Central Bank pumped $57.7 billion of emergency cash into the markets today and left their key interest rates unchanged, in an effort to ease the cost of borrowing and calm markets made volatile by the US subprime collapse, Bloomberg reports. The ECB action followed a day in which borrowing costs reached their highest point in six years. More »

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