Weber said that despite six rises in the past 14 months, rates were still
‘relatively low’ on a historical basis.
He was also concerned about inflation and the need to tackle economic risks.
Rates currently stand at 3.5%, their highest level in five years.
Most economists are predicting that the cash rate will rise by another
quarter-point to 3.75% when finance ministers next meet.
This call is despite figures published on Wednesday which showed a downward
revision in January’s
eurozone inflation from 1.9%
to 1.8%, below the ECB’s 2% target.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements