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  • ECB's Contradictions

    From CNNMoney : European Central Bank president Jean-Claude Trichet warned Wednesday that the euro area's inflation surge was likely to last longer than expected - a remark suggesting the bank will stick to its tough stance on interest rates even amid the subprime crisis. Trichet repeated that the...
    Posted to Love of Liberty by ChrisR on Wed, Dec 19 2007
    Filed under: inflation, eu
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