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