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
September 1, 2008 at 4:02 am |
Hi!,
September 30, 2008 at 11:02 am |
I hope that they do eventually cut interest rates, but with the coming recession – who knows what will happen… :/
September 30, 2008 at 11:04 am |
Do you really think there will be a recession?