European Central Bank (ECB) decided to increase interest rates a quarter% to 2.75%, but European central bankers said that interest rates are still too low, there are increases in space. In addition, the U.S. Federal Reserve Board officials have issued a further interest rate hike signals. Within a week, there are four U.S. officials said inflation is worrying. The Bank of England (BoE) has decided to maintain interest rates unchanged 4.5%.

Although European central bank governors said that interest rates are still too low, but the International Monetary Organization (IMF) earlier warned that the euro zone economic growth has peaked, inflation tends to slow down. The European Central Bank needs to be taken seriously when increase interest rate. After the result announced by the central bank, the euro against dollar hit a record low a month, told 1.2654.

South Korea central bank announced yesterday sudden increase in interest rates 0.25% overnight interest rate will increase to 4.25% the highest level since May 03. From the sudden increase in interest rates at the central bank of South Korea, from the energy price inflation has started to rise in the global spread of investors worrying that the U.S. economic
slowdown will affect global economic growth. U.S. May non-farm jobs increased only 75,000, and if the situation continues, the U.S. second quarter economic performance marked deterioration, stagnation in the U.S. economy arise if Federal Reserve Board continues to fight inflation as interest rates continue to rise, quite likely to lead to the United States property market and the consumer market has slowed down.