Trichet remains firm on inflation

In all circumstances, but even more in times of heightened uncertainty in global financial markets, a strong commitment to price stability over the medium term is essential, said Jean-Claude Trichet, the president of the European Central Bank (ECB).

A solid anchoring of inflation expectations at levels consistent with the ECB's definition of price stability contributes to appeasing tensions and volatility in the financial markets and allows for future sustainable growth and job creation, Trichet

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