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View Full Version : Lagarde Says Euro's Strength Brings Benefits by Cutting Raw-Material Costs - Bloomber



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05-04-2011, 11:00 AM
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Lagarde Says Euro&#39;s Strength Brings Benefits by Cutting Raw-Material Costs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGEPNkEpuRyL8nOjZ1P_H4FbruHaQ&url=http://www.bloomberg.com/news/2011-05-04/lagarde-says-euro-s-strength-brings-benefits-by-cutting-raw-material-costs.html)
Bloomberg
The European currency has advanced 11 percent against the dollar so far this year as the European Central Bank raised rates and the Federal Reserve continued to pledge “exceptionally low” borrowing costs. Lagarde signaled that inflation is a greater ...

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