European Central Bank: 'strong Vigilance' Needed To Fight Inflation

FRANKFURT (Sakari Suoninen) - The European Central Bank is in "strong vigilance" mode over inflation pressures, ECB President Jean-Claude Trichet said on Thursday, using code words to indicate an interest rate increase is probably only a month away."Strong vigilance is warranted," Trichet told a news conference after the bank kept interest rates at 1.25 percent.Read More... More on Europe

 

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