ASSUMING NO OIL HIKE,EMU HICP TO FALL TO 2.5% BY YR END
BUT ADDED OIL HIKE CLD DELAY HICP DROP,LIMIT ECB LEEWAY
SEES EMU 2001 GDP +2.2%, GERMANY +1.8%
GERMANY 2002 GDP TO REMAIN WEAK UNLESS US 2H01 PICKUP
ECB SHOULDN'T INTERVENE TO BOOST EURO FX
EURO FX TO RISE AFTER NOTE/COIN INTRODUCTION