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europe debt crisis, interest rate
(Image from article: "Fed Officials Upbeat On U.S. Recovery")

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Euro Watch: Euro Zone Unemployment Rose to New Record in February

The data is likely to put pressure on the European Central Bank to cut interest rates at its next meeting.

 

ECB talks rate hikes, braces as Portugal crisis deepens

ECB talks rate hikes, braces as Portugal crisis deepens

European Central Bank policymakers underscored the case for an April rate hike on Thursday as Portugal's political crisis raised the prospect of another spell of reluctant ECB bond market intervention.

 

Fed Officials Upbeat On U.S. Recovery

Fed Officials Upbeat On U.S. Recovery

Two senior Federal Reserve officials were upbeat Monday about the U.S. economic recovery despite the worsening debt crisis in Europe, but gave no indication the Fed is anywhere near raising interest rates.

 

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