- ECB Trichet: Current rates appropriate
Market news
3 February 2011
ECB Trichet: Current rates appropriate
- Evidence of s-t upside infl pressure;
- Infl pressure mainly energy, commodities;
- Very close monitoring of infl warranted;
- See positive underlying econ momentum;
- Uncertainty elevated;
- Infl pressures over m- to l-t shld stay contained;
- Infl expect firmly acnhored;
- Firm anchoring of excpect is of the essence;
- Expect price stab over medium term;
- Current policy accommodative;
- Recent statistics,surveys show positive econ momentum;
- Exports shld benefit from global econ recvoery;
- High emu biz confidence shld help domestic demand;
- Accom monpol stance shld help comestic demand in emu;
- Recovery to be dampened by balance sheet adjustment;
- Risks tilted to downside for econ;
- Uncertainty elevated;trade may grow above expected.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page