11 May 2006, 14:14 ECB's Trichet: Inflation expectations solidly anchored
Inflation expectations are solidly anchored in the euro zone, European Central Bank President Jean-Claude Trichet said Thursday.
Trichet added that the ECB will act promptly to keep these expectations anchored, speaking at a conference organized by the Austrian central bank and Austria's chamber of industry.
The ECB is widely expected to raise interest rates by 25 basis points at its June 8 policy meeting. The key refinancing minimum bid rate stands at 2.50% now.
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