• ECB MERSCH: commodity prices may stay high longer than desired

Market news

10 March 2011

ECB MERSCH: commodity prices may stay high longer than desired

  • EFSF needs larger volume, more flexibility;
  • Banks need adequate capitalization;
  • ECB rate hike pre-announcement in line with mandate;
  • Markets awaiting decisions on EMU debt crisis;
  • Uncertainty especially high ahead of EU decisions
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