26 January 2001, 13:44 DAVOS Welteke says euro zone -- U.S. Fed 50 bps cut would pressure ECB
Welteke added, however, that if the Federal Reserve does make
another move downwards of 50 basis points, then it would put the ECB
under pressure.
"We would definitely be under a certain amount of pressure if the
Fed cut rates by 50 basis points. We would make a careful examination
of monetary policy," he said.
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