Posted by WARREN MOSLER on 7th April 2008
| Survey | $5.9B |
| Actual | $5.2B |
| Prior | $6.9B |
| Revised | $10.3B |
Decent fall off in consumer credit in line with reduced consumer spending.
Posted in Daily | No Comments »
Posted by WARREN MOSLER on 7th April 2008
Today’s headlines not conducive of a rate cut.
And the only thing the ECB sees that’s keeping inflation from being a lot worse is the strong euro.
| ECB’s Liebscher Sees Risk of Wage-Price Spiral, Kurier Reports |
| German Output Unexpectedly Increases on Construction |
| French Trade Deficit Shrinks to 2.8 Billion Euros on Exports |
| Spanish House Prices Rising Slower Than Inflation |
| ECB’s Quaden Calls Belgian Inflation `Rather Bad’ |
| German BDB Banking Association Says Economy Is `Robust’ |
Posted in EU | No Comments »
