Trichet casts doubt over ECB rate cut on Apr 11

EUROPE - Following a Franco-German meeting of finance ministers and central bankers, fresh doubt was cast on the prospects for an interest rate reduction when the ECB next meets on Apr 11, 2001.

Bank of France head Jean-Claude Trichet, who himself had last week seemed to signal a shift in the bank's tone by saying it was no longer very worried about inflation, read the statement to reporters.The statement, titled "President's summing up of the position of the Governing Council", suggested ECB