Rus News Journal

Forex: the eurozone will lift the key rate

The day before ETSB, despite inflation growth, has left discount rate without changes - at level of 1 %. It has coincided with forecasts of analysts. Base rate ETSB is at invariable level in 1 % more year.

making comments on this decision the head of the European Central bank (ETSB) Jean - Claude Trishe has warned that the rate of inflation in an eurozone on an extent even remains several months above a target lath in 2 %. He also has urged heads of the European governments to take measures on struggle against the debt crisis extending on an eurozone, informs Associated Press.

we will remind in December 2010. Inflation in an eurozone has made 2,3 %, it is the highest indicator in the last two days. Under statement ZH - K.Trishe, the principal cause of it is rise in prices for power resources. He also has noticed that inflation can increase, before will return on level below 2 %.

President ETSB has underlined that economic growth in an eurozone remains stable, however there are also some risks connected with uncertainty of an economic situation in the future. Now the governments of the countries of an eurozone convince investors of the ability independently to cope with crisis without excessive lifting of interest rates. Auctions on sales of state bonds, the past the day before in Portugal and on Friday in Spain and Italy, have shown that the financial help, like Greece and Ireland yet is not required to these countries.

in spite of the fact that any cardinal decisions ETSB has not undertaken, its rhetoric has started to come back again in a plane of inflationary fears, it means - increase of rate ETSB not far off. Analysts consider that ETSB will lift the rate within six months. It also has caused powerful lifting of euro in relation to US dollar. At 8:30 Moscow time the euro costs 1,335 US dollars, it is very close to maxima of 2011.

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