Independent does a U-turn on interest rate predictions in two days

If you are reading the main newspaper you get this:

“European Central Bank Officials are raising the prospect of interest-rate increases for the first time since the global credit squeeze began last August, stepping up their battle to keep inflation in check” - Irish Independent, Wednesday 23 April 2008.

If you are reading Property Plus supplement (funded through advertising by estate agents), you get this:

“ECB President, Jean Claude Trichet, is expected to help improve housing affordability by cutting interest rates before the end of the year…” - Irish Independent Property Plus supplement, Friday 25 April 2008.

Which is it lads?

Tags: credit crunch, ECB, estate agents, interest rates, Irish Independent, Property Plus