Главная » 2011 » Март » 05
Two things stand out from the European Central
Bank's decision effectively to pre-announce a rise in interest rates
next month. First is its eagerness to polish up its inflation-fighting
credentials after being slurred by Axel Weber
and much of the German press and political elite; second is its
confidence in the ability of its "non-standard" measures to stop a
breakdown of the financial system.
Both may be justified, but the bank's motives may not be of the purest.