Trichet on the newswires. Key headlines

Written September 2, 2010 at 8:33 AM EST by  
  • Rates are appriate
  • Expect moderate pace or recovery. Latest data is stronger than expected
  • To extend liquidity operations to January. This is an extension to get over the year end
  • Current policy is accomodative
  • Committed to price stability
  • Emergency measures are temporary in nature
  • 2010 1.4% to 1.8%  from 0.7% to 1.3%. Due to 2nd quarter
  • 2011 0.5% to 2.3% from 0.2% to 2.2%.  INCREASED
  • Risk to infltion are on the upside. Higher commodity prices cited
  • Inflation estimate for 2011 1.2% to 2.2% vs prior est of 1.0% to 2.2%
  • Medium term inflation is contained.

No Responses to “Trichet on the newswires. Key headlines”

Add a comment