• ECB TRICHET: Risks to econ outlook broadly balanced

Market news

5 May 2011

ECB TRICHET: Risks to econ outlook broadly balanced

  • uncertainty rises;
  • exports may be faster than foreseen;
  • downside risks from fin mkts, energy prices;
  • could see negative impact from Japan;
  • increase in infl during start 2011 due commodity price
  • infl in coming months over 2%;
  • risks to infl med term on upside;
  • infl risks due energy prices;
  • strong economy grwth cld also fuel commodity prices;
  • today's decision was unanimous;
  • all know we will take our decision whenever appropriate;
  • notes U.S. Geithner supported strong dollar April 26;
  • on Apr 27 U.S. Bernanke said Fed favor strong dollar;
  • U.S. offls' statements for strong dollar 'important'
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