Consumer Credit (Feb)
| Survey | $5.9B |
| Actual | $5.2B |
| Prior | $6.9B |
| Revised | $10.3B |
Consumer Credit TABLE
Decent fall off in consumer credit in line with reduced consumer spending.
Daily Archives: April 7, 2008 @ 8:59 pm (Monday)
2008-04-07 EU Highlights
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’ |