Europeans are now feeling the sting of inflation

Return To Article
Add a comment
  • Anonymous
    July 27, 2008 2:48 p.m.

    that's right Europe ....when America gets a fever you get a flu. The European Central Bank (or whatever the equivalent is) has been raising rates to fight inflation and they're losing the fight and choking off the economy. Memo to ECB : when you jack up your currency against the dollar it hurts your exports....