But will he ?? The ECB must sometime realise that many countries in Europe are bordering on failing. If he starts using big words, the likely scenario is that these countries will slow further, and therefore effect the big guns such as Germany & France etc. Interesting times to say the least.
Just waiting for Trichet to mention "strong vigilance" in his press conference indicating an increase next month.
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Does this not compel the argument for turning around and telling them all to go fish? Concurrently, Sarkozy is vetoing the bailout interest rate being revised downwards.We'll surely see a continuing rise in mortgage defaults over the next few years. Not good.