Trichet blames Euro-zone inflation spike on emerging economies rapid recovery

Wednesday, February 16th 2011 - 22:34 UTC

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The European Central Bank is not surrendering its price stability objective for crisis management policy, the bank's President Jean-Claude Trichet said. He also argued that the recent spike in Euro zone inflation is due to the current rapid economic recovery in emerging markets and not due to the currency bloc's sovereign debt crisis. Read full article

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xbarilox
we are emerging markets, right? and you are sinking markets, right? therefor, we won't give you anything without you paying us good money :)
Feb 16th, 2011 - 11:58 pm - Link - Report abuse 0
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