European Central Bank Can’t Stop Interest Rates Rising

The European Central Bank is doing everything it can to balance the lack of growth across the continent with the green shoots being seen in the United States and Japan. A recovering world economy means increased demand, and increased prices across the board. Price increases are something Europe could do without in the current macro economy.

One of the most fundamental prices that the continent's policy makers are looking to keep in check is the long term interest rate. This interest rate is particularly important for investments in capital. A new...