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View Full Version : ECB's Liikanen Says Risks to Growth 'Substantially' on Downside - Bloomberg



NewsWhore
09-19-2011, 06:32 AM
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ECB&#39;s Liikanen Says Risks to Growth &#39;Substantially&#39; on Downside (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFtBFTikdJny8W8I7XcxnveURUlVw&url=http://www.bloomberg.com/news/2011-09-19/ecb-s-liikanen-says-risks-to-growth-substantially-on-downside.html)
Bloomberg
... confidence must be boosted quickly,” Liikanen said. The ECB this month kept its benchmark interest rate on hold at 1.5 percent. At the same time, the bank lowered its 2011 growth forecast for the 17-nation currency bloc to 1.6 percent from 1.9 percent.

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dWIxHutRBEvzZCM)


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