24 April 2001, 13:24  EMU FINMINS RALLY ROUND ECB POLICY

at weekend Ecofin meeting, rejecting criticism fromUS Treasury Secretary O'Neill. ECB PresidentDuisenberg said the US had some "misconceptions"about eurozone growth repeating the ECB was"confident" that eurozone growth would be at or above2.5% this year. Other ECB officials at the meetingrepeated the ECB's hard line on inflation, withBundesbank President Welteke saying he could notbe sure inflation would fall back below 2.0% this year.

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