5 April 2001, 12:47  ECB'S WELTEKE SEES EURO FX UNDERVALUED

Also said in a magazine interview that eurozone inflation pressureshad eased due to slowing M3 growth and "slightly" weakereurozone economic growth. But ECB's Liebscher said that whileinflation risks are more balanced than before, there are still somefactors that prompt ECB caution, according to report on .

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