Q and A session starts with Trichet
Written February 5, 2009 at 8:50 AM EST by Greg Michalowski
- ZERO RATES AT MOMENT NOT APPROPRIATE
- NOBODY KNOWS FUTURE OIL PRICE EVOLUTION
- ECB SEES BOTH UPSIDE AND DOWNSIDE INFLATION RISKS
- HOPES OIL PRICES STAY LOW, WOULD AID ECONOMY
- STRONG DISINFLATION MID-YEAR
- MARKET MAY BE RIGHT TO BET ON 50-BP CUT IN MARCH
- ECB WILL DO WHAT’S NEEDED
- ECB WILL HAVE NEW PROJECTIONS IN MARCH
- ZERO RATE IS NOT APPROPRIATE AT THIS MOMENT
- 2% IS NOT LOWEST LEVEL
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