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    • Join Date: Jul 2007
    • Posts: 4
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    "...Investors concluded that the credit crunch would lead the U.S. Federal Reserve to raise rate by as much as a half of a percentage point while the European Central Bank might raise its benchmark, closing the gap that now gives better returns for dollars......"

    This sentence seems clear; however, I cannot confirm the meaning of "while" from the context -- whether it should be understood as "at the same time as" or "whereas"/"but" or "although". Could you help me?

    Thanks a great lot

    • Join Date: Oct 2006
    • Posts: 19,434
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    Re: while

    "at the same time" is the nearest - or even just "and".


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