Tuesday, July 1, 2008

They should really just redefine inflation to avoid this problem

Record high inflation sparks debate about interest rates - 01.07.2008 - 09:21
Consumer prices in the eurozone countries climbed to four percent in June,
reaching twice the rate of the European Central Bank's inflation goal. The
surge has instantly sparked off a debate about whether the Frankfurt-based
bank should increase interest rates.


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