Mini interview with Austria's Klaus Liebscher
Following is a summary of the Market News International interview with European Central Bank (ECB) Governing Council member and Austrian National Bank Governor Klaus Liebscher that was conducted on Jan. 22.
- Said that while EMU inflation should trend lower, one "shouldn't attach too much importance" to this. "Certain" inflation risks remain which the ECB must monitor closely.
- Said the continuing feed-through from high oil prices and the euro's past weakness remains the "central issue" for EC
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