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ECB to Ease Policy Further as Inflationary Concerns Subside
Tuesday, 21 October 2008 07:22:12 GMT
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ECB's Stark said the worst may be behind us, but added that banks are still lacking trust. Stark said government measures aim to prevent a credit crunch and that the ECB's liquidity operations won't fuel inflation. Earlier fellow council member Gonzalez-Paramo said inflation may slow quicker than previously expected, which would suggest room for further rate cuts.
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