4 Οκτ 2007

ECB press conference highlights

  • May Increase Rates Even If Policy Not Accommodative
  • We Confirm Ready To Act Whenever Necessary On CPI
  • Upward Risks To Price Stability Over Medium Term
  • Money, Credit Growth Remain Vigorous
  • Ready To Counter Upside CPI Risks
  • Heightened Uncertainty To Baseline Econ Scenario
  • Favorable Medium-Term Outlook For Economy
  • "Particular Caution" Needed Given Fin Mkt Conds
  • ECB To Monitor Price Risks "Very Closely"
  • Confidence Indicators Still Above Historic Average
  • Econ Growth To Continue In 3Q And 4Q
  • 2008 Econ Outlook For Growth Around Potential
  • Long-Term Econ Growth Risks On The Downside
  • CPI Likely Around 2% On Average In 2008
  • Wage Developments May Be Stronger Than Expected
  • Monetary Analysis Confirms Medium, Long-Term Risks
  • August M3 Growth May Reflect Temporary Factors
  • Money, Credit Data To Offer Insight Into Volatility
  • Monetary Developments Require Very Close Monitoring
  • Euro Exchange Rate A Parameter For Monetary Policy
  • Excessive Volatility Destructive
  • Markets Should Consider Japanese Fundamentals
  • Market should take account of better fundamentals in Japan
  • Upside CPI Risks Are On Our Radar Screen
  • Money Mkt Tensions Reflect Liquidity Hoarding
  • 3-Month Money Mkt Rates Signaling Tension
  • Tensions Triggered By Phenomena Outside Money Mkt