Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (16196)	7/9/2004 6:46:52 AM
From: jrhana	Read Replies (2) \| Respond to of 110194

Jay, turns out my question may have been a day not a half a year early <g> Message 20282264 siliconinvestor.com

To: TobagoJack who wrote (16196)	7/9/2004 7:08:16 AM
From: Haim R. Branisteanu	Respond to of 110194

09 Jul 2004 09:22 GMT ECB Trichet: Econ Outlook In Line With Price Stability -3 Trichet also said that although the ECB's preferred scenario was centered around the strengthening of the euro-zone's recovery, risks remained "in both directions." On the upside, he said, growth in the first quarter was stronger than anticipated, "and this momentum may strengthen short-term dynamics." On the down side, Trichet warned, oil prices "remain at high levels and may dampen growth, mainly through their impact on the euro area's terms of trade." Trichet said that after recent oil price hikes, the risks of second-round inflationary effects via wage and pricing trends needed "to be monitored closely." Furthermore, he added, monetary analysis seems to show that "the stock of excess liquidity, if it persists, may pose an upside risk to price stability over the medium term." Trichet said this supported the case for "continued vigilance." -By Pierre Briancon, Dow Jones newswires; +331 4017 1740; pierre.briancon@dowjones.com (END) Dow Jones Newswires