ECB Press Conference

PRESS CONFERENCE - In the question and answer session after the press conference Wim Duisenberg said that impediments to cutting rates at the current time included uncertainties relating to oil prices, geopolitical risk and that if the ECB were to cut at this moment it would be "a drop that would drown in the sea of uncertainties".

Introductory statement by Willem F. Duisenberg, President of the European Central Bank, Lucas Papademos, Vice-President of the European Central Bank, With a transcr

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