11. A minority of traders interviewed said that the bank should have raised rates. 12. A sixth bank had already raised its rates. 13. A rise in interest rates could make it more difficult for banks to raise money and for outstanding bank loans to be paid. 14. A recent survey by Bloomberg News showed economists expect the bank to raise interest rates twice more this year, by a quarter-point each time. 15. After that rate increase, most banks raised the prime rate for loans to their most creditworthy customers. 16. But instead, the bank raised rates Thursday. 17. But the banks must raise the rest. 18. Concern mounted Friday after Swiss National Bank President Hans Meyer suggested the bank may raise interest rates, prompting traders to speculate the German central bank may follow suit. 19. Companies that once relied on their local bank to raise money are now turning to global stock and bond markets. 20. Falling money market yields indicate investors do not believe the bank will raise rates, analysts said. |