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

By Insider

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?

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3 Responses to “Independent does a U-turn on interest rate predictions in two days”

  1. name Says:

    Hi!,

  2. Card Comparison Says:

    I hope that they do eventually cut interest rates, but with the coming recession – who knows what will happen… :/

  3. Compare Cards Says:

    Do you really think there will be a recession?

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