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Europe interest rates up but its economy may be cooling

by Christian Vits

THE European Central Bank raised interest rates to a seven-year high to fight inflation even as economic growth cools. The ECB's Governing Council, meeting in Frankfurt, increased the benchmark lending rate by...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080704/article_365594.htm"> Europe interest rates up but its economy may be cooling </a> by -- THE European Central Bank raised interest rates to a seven-year high to fight inflation even as economic growth cools. The ECB's Governing Council, meeting in Frankfurt, increased the benchmark lending rate by... </p>