Trichet vai falando
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Trichet vai falando
8:34 AM ET, Jul 05, 2007 - 6 minutes ago
ECB: Policy still on the accommodative side
ECB to monitor closely all developments
ECB: Medium-term economic outlook favorable
ECB: Risks to price stability remain on upside
ECB: Constraints are developing, could lead to wage pressure
By Steve Goldstein Last Update: 8:41 AM ET Jul 5, 2007
LONDON (MarketWatch) -- Jean-Claude Trichet, president of the European Central Bank, hinted in his introductory statement that the central bank may raise rates from 4%. He said there was upside inflation risks and used the phrase "accommodative" to describe current rates. He also warned of capacity contraints as the labor market tightens.
ECB: Policy still on the accommodative side
ECB to monitor closely all developments
ECB: Medium-term economic outlook favorable
ECB: Risks to price stability remain on upside
ECB: Constraints are developing, could lead to wage pressure
By Steve Goldstein Last Update: 8:41 AM ET Jul 5, 2007
LONDON (MarketWatch) -- Jean-Claude Trichet, president of the European Central Bank, hinted in his introductory statement that the central bank may raise rates from 4%. He said there was upside inflation risks and used the phrase "accommodative" to describe current rates. He also warned of capacity contraints as the labor market tightens.
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