Economic Slowdown

international | anti-capitalism | other press Tuesday November 28, 2006 19:45 by Sean Crudden - impero sean.crudden at iol dot ie Jenkinstown, Dundalk, Co Louth. 087 9739945

The Effect of Higher Interest Rates?

The United States have seen a record series of 17 consecutive interest rate increases. But maybe the economy there is slowing down for a different reason altogether?

Will Europe follow the path of the US to lower inflation and economic doldrums? What if inflation in energy prices synergise with increased interest rates? Are the engines of economic depression starting up?