• ECB TRICHET: Comments on CNBC

Market news

6 May 2011

ECB TRICHET: Comments on CNBC

  • Will take appropriate decision
  • Everyone now says ecb was right to hike in Dec. 2005
  • Oil price is a 'hump' in the CPI
  • Must not let 2nd round effects take hold
  • With right decisions can avoid 2nd round effects
  • We have great unity of purpose with other central banks
  • Are doing what is needed for price stability
  • I trust what u.s. officials said on U.S. dollar
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