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Loan Modification

: Mortgage Lender Implode-o-Meter

ECB prepares rate rise as global tide turns

By Implode-Explode Heavy Industries

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``The ECB is starkly at odds with the Federal Reserve on the impact of surging oil and food prices. Fed chair Ben Bernanke said this week that inflation spill-over is likely to be "temporary and relatively modest". The Fed view is that commodity shocks drain demand in the wider economy, acting as a deflationary tax. ''

Full post as published by Mortgage Lender Implode-o-Meter on March 05, 2011 (boomark / email).

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