Daily Archives: September 2, 2010

Ralph Atkins

The European Central Bank appears to have entered calmer waters, at least for now. With the eurozone economic recovery on track, Jean-Claude Trichet, president, wanted to keep the optimism in check at his regular monthly press conference this afternoon.

Perhaps, the ECB had learnt a lesson from the false hopes created in the US? But it is easier to be cautious when things are going well, than to try to spread a little optimism when things are going badly. Read more

Sweden’s central bank raised interest rates for the second time in two months on Thursday, highlighting the strong recovery under way in the Swedish economy as the country’s centre-right government battles for re-election.  Read more

In Ireland, dangers still loom – Economix

Why America isn’t working – Ken Rogoff Read more