47 ordspråk av Wim Duisenberg

Wim Duisenberg

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The trend in the growth of loans to the private sector also seems to point in this direction.

There is some evidence -- although not uncontroversial itself -- of the emergence of a new economy in the United States. By contrast it is difficult as yet to find clear evidence of a new economy in the euro area,

There was no statement specifically about euro/dollar; that was maybe misunderstood,

This internal stability of the euro means that people can be confident that their savings and pensions will keep their value over time,

This reduction is to be seen as an adjustment of interest rates to an appropriate level to ensure that the euro area will be able to maintain price stability and to contribute to growth,

This weakened outlook should contribute to lower inflationary pressures. And, as you know, price stability is our aim,

To them, I would like to say the following: I understand their concerns, since a persistently lower euro exchange rate might ultimately lead to higher prices in the shops,

Wages, import prices, bottlenecks in shortages in the employment market

We are confident that we are weathering the storm,

We are not immune to developments in the United States and the world at large,

We are waiting very much for further signals on economic development before coming to yet another way (on rates).

We feel confirmed in our view that we have found the right tone in the markets over the last few months, ... Our tightening bias has slightly strengthened since July.

We simply needed more indicators for our assessment that price stability is threatened in the medium term,

We will set rates as the situation requires.

Whatever I say, whatever I do, the euro continues its movements so perhaps I am best advised not to say anything,

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