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Forex News: ECB Juncker on the wires

Posted by Greg Michalowski on Mon, 07/07/2008 - 2:49pm in
  •  SAYS INFLATION FIGHT IS IMPORTANT TO GOVERNMENTS
  •  SAYS SECOND QUARTER TO BE LESS BUOYANT THAN 1ST
  • INFLATION IS A "SERIOUS" CONCERN
  • OIL TO LARGE EXTENT EXPLAINS INFLATION TRENDS
  • EXPECTS OIL PRICES TO BE MAINTAINED FOR MONTHS AHEAD
  • IMPORTANT TO AVOID SECOND-ROUND EFFECTS
  • WAGE RISES SHOULDN'T EXCEED PRODUCTIVITY GAINS