Interest rates should remain unchanged till March 2009

We will have to wait 2009 for any interest rate decline. A short majority of about forty economists questioned by Dow Jones Newswires do think of a status quo till the end of the first quarter. They are more to bet on a rate decline for the end of June 09. Read more...

The euro and the dollar were pulled on Monday by contradictory strengths.


From high European inflation to the imminent increase of the rates of the ECB, pressure of G8, the “no” from Ireland and speculations about the change of American monetary policy, the Euro and the dollar were pulled on Monday by contradictory strengths.

The inflation in Euro-zone indeed reached a new record in May, at 3,7 % over one year, its highest level since the creation of this zone in 1999, according to the second estimation of the European Office of the Statistics which may lead to a next increase of the rates of the ECB.

«The ECB is certainly going to increase its rates from 4 % to 4,25 % during the meeting of July ", commented Howard Archer from Global Insight. Read more...

At the end of December, 2007, we cannot claim that there are limitations of the supply of credit in France. Read more...

The stabilization of the long-term rates of financial markets, lower than the middle of the year 2007 (4.12 % at present against 4.70 % in July, 2007), is connected to six main factors: Read more...