ROME (Reuters) - The European Central Bank is in a very different situation to the U.S. Federal Reserve, which has cut interest rates almost to zero, ECB executive board member Lorenzo Bini Smaghi said in an interview published on Sunday.Asked by the Rome daily Il Messaggero if the ECB is...
FRANKFURT AFP — The European Central Bank ECB left the door open on Thursday to further rises in eurozone interest rates, with a member of the bank's executive board suggesting that borrowing costs would rise if the economy continued to grow strongly. "If growth is very strong, it's clear...