Daragh Maher
Daragh Maher
comments commitment keeping mistake period prolonged rates recent rise unchanged
In the end, rates are set to rise and it would be a mistake to see recent comments as a commitment to keeping rates unchanged for a prolonged period -- low, yes, but not unchanged.
business concerns confidence driven euro external keeps revival zone
There are concerns that the revival in euro zone business confidence has been driven by the external sector, which could be undermined if the euro keeps on rising.
euro finance france higher ministers pressure push raise reluctance riots zone
There is a reluctance to push the euro/dollar higher because of riots in France and pressure from euro zone finance ministers not to raise rates.