Sunday, June 3, 2007

ECB's Weber: Global liquidity unprecedentedly ample

(Reuters) - Global liquidity is unprecedentedly ample and the European Central Bank will do its utmost to ensure inflation expectations remain anchored at a low level, ECB Governing Council member Axel Weber said on Sunday.

The current low level of inflation does not allow the ECB to let down its guard, he told an economics conference hosted by the Kiel Institute for the World Economy, according to a text released in advance.


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