ECB May Keep Rates at 7-Year High as Recession Looms

Sept. 1 (Bloomberg) — The European Central Bank will probably keep interest rates at a seven-year high this week, and may even threaten to raise them, at the risk of prolonging the economic slump.All but one of 47 economists surveyed by Bloomberg News predict the Frankfurt-based central bank will leave the benchmark rate at 4.25 [...] continue reading world news