Rates and price goals in harmony - Hamalainen

GERMANY - European Central Bank executive board member Sirkka Hamalainen said Friday 5 October in a speech that the ECB continues to pursue a "steady-hand" monetary policy, rather than an activist one following the 11 September terrorist attacks in the U.S.

Hamalainen countered a market perception that the ECB has become more aggressive in responding to recent events by saying that the central bank has never wavered from its goal of pursuing price stability over the medium term.

Speaking at an

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