Conflicting ECB projections

TOP European Central Bank figures clashed yesterday over the future direction of ECB interest rate policy.

Conflicting ECB projections
Fri, 18 Apr, 2003 - 01:00
Brian O'Mahony

Council members Ernst Welteke and Yves Mersch gave conflicting signals in separate interviews to the press about the current ECB stance on interest rate policy.

Specifically they addressed the issue of whether slowing inflation would lead the ECB to cut rates again as has been speculated.

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