Wednesday, June 15, 2011

European Central Bank ECB interest rates

"I hope that he will raise interest rates. I wish Mr. Trichet would be running the American central bank, at least he knows if there is inflation in the world. The Indian central bank is doing a better job. The European Central Bank is doing a better job than the American. I hope he raises interest rates. It will be good for Europe, it will be good for the world." Jim Rogers in ET Now

Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).