Feeling fine

Eurozone overnight interest rates are probably going to rise up further than expected. Growth forecasts keep going up while unemployment and government deficits are fal-ling. And the good news could keep up for a good while longer. The European Central Bank governing council meets on Thursday to set the overnight interest rate. When the discussion turns to the economy, it should be all smiles. The news is almost all good. Eurozone manufacturing expectations are at cyclical high. French unemploy...