ECB gonna cut rates thurs?

Discussion in 'Economics' started by Cdntrader, Sep 27, 2008.

  1. Thursday, October 02, 2008

    7:45am ECB rate decision
  2. you know that americans dont give a shit abt anything except...errr america right?
  3. Absolutely.

    Thankfully the markets do.
  4. Cut?

    The bailout will prevent the dollar from surging so, oil may not plunge further.
    (I'm not forecasting massive plunges in the dollar or oil, just stable markets)

    The only function of the ECB is to fight inflation, and extended high oil prices, would extend inflation.