OTS: Straubinger Tagblatt / interest rate policy – the dilemma of the ECB

Interest rate policy – The dilemma of the ECB

Straubing (ots) – In the USA, where inflation is a good bit higher

than in Europe, a rate hike in several steps this year is as good

as decided. But that inevitably has economic consequences: Since

Investments due to the rise in interest rates in the USA will be more profitable again

Capital flow there from Europe. This leads to a low euro exchange rate

Compared to the dollar, which in turn is due to higher import prices

boosting inflation in Europe. So it is quite possible that the ECB against their

forced to raise interest rates

Press contact:

Straubinger daily newspaper

Department of politics/economy/miscellaneous

Markus Peherstorfer

Telephone: 09421-940 4441

[email protected]

Further material: http://presseportal.de/pm/122668/5122596

OTS: Straubinger Tagblatt

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