The European Central Bank has raised its key interest rates to a five-and-a-half-year high. As expected, ECB raised the rate by 25 basis points to 3.75 per cent overnight.

Aiming to keep inflation under control the European Central Bank Raises Interest Rates to 3.75 Percent. European government bonds and UK gilts were lower in cautious trade ahead of today's interest rate decisions by ECB.

A lack of definitive economic data helped keep mortgage rates at the lowest point since mid-December. Mortgage rates declined for the fourth time in the past five weeks, with the average 30-year fixed mortgage rate dropping to 6.19 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.3 discount and origination points.

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.25%.

Research and Markets has announced the addition of Turkey Country Risk Report 2007 to their offering.

The Bank of England's Monetary Policy Committee today voted to raise the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.25%.