ECB's obsession with inflation
Lino Spiteri is right (The Times Business, July 10) to describe the European Central Bank as "obsessed" with inflation fears, further describing as "madness" its decision to raise interest rates in the present-day European and global recessionary...
Lino Spiteri is right (The Times Business, July 10) to describe the European Central Bank as "obsessed" with inflation fears, further describing as "madness" its decision to raise interest rates in the present-day European and global recessionary scenario.
Surely, such a decision could not have been unanimous. Possibly, the Bank's president himself was against it. Who knows? I think we should know, in the manner adopted in the UK by its central bank.
At least, we would know which way our vote went in such an important matter.