ECB Eyes Inflation
Tweet
Share
E-mail
Speaking with other bankers in Amsterdam early Tuesday, ECB President Jean-Claude Trichet said the Bank is in so-called "strong vigilance mode." The comment could suggest the ECB will continue raising interest rates at next week's policy meeting.
Trichet said "We are united on the goal of solidly anchoring inflation expectations."
The ECB lifted its benchmark interest rate from 1 percent to 1.25 percent in early April.
Trichet said "We are united on the goal of solidly anchoring inflation expectations."
The ECB lifted its benchmark interest rate from 1 percent to 1.25 percent in early April.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fed: Governors Hammack, Kashkari and Logan dissented in favor of rate hike
- Crude Inventory Fell 7.2 Million Barrels Last Week - EIA
- Fed Holds Rates at 3.50% to 3.75%
Create E-mail Alert Related Categories
Economic Data, General NewsRelated Entities
Jean-Claude Trichet, European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
