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- ECB Trichet's press-conference:
ECB Trichet's press-conference:
- interest rates very accomodative;
- hike warranted;
- our decision will help keep inflation expectations anchored;
- to continue to monitor all upside price risks very closely;
- to wartch all developments very closely;
- potential risks from disasters in Japan;
- banks have expanded lending further to private sector;
- banks must contine to expand credit to private sector;
- rate hike is warranted due upside price stab risks;
- rate hike to help keep inflation expect firmly anchored;
- interest rates across spectrum low;
- monpol remains accomm;
- to watch all developments with respect to price stability risks;
- strengthening confidence in public finances is key;
- today's decision was unanimous;
- did not decide today that this was forst of series;
- to continue to take appropriate decisions in future;
- I confirm we will do all neded to ensure price stab;
- were unanimous today, all colleagues there, also Weber.
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