Wim Duisenberg
Wim Duisenberg
Willem Frederik "Wim" Duisenberg; 9 July 1935 – 31 July 2005) was a Dutch politician of the Labour Party...
Wim Duisenberg quotes about
adjustment area contribute ensure euro interest level maintain price rates reduction seen stability
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,
aware downside optimistic reasonably recovery remaining start
While I am reasonably optimistic about the sustainability of the recovery that, we expect, will start this year, I am also aware of the remaining downside risks.
euro exchange higher lead lower might prices rate since ultimately understand
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,
contribute lower outlook price stability
This weakened outlook should contribute to lower inflationary pressures. And, as you know, price stability is our aim,
assuming currently japan manages overcome
assuming Japan manages to overcome - and I think it will - the difficulties it is currently facing.
assessment medium needed price simply stability threatened
We simply needed more indicators for our assessment that price stability is threatened in the medium term,
rates situation
We will set rates as the situation requires.
coming economic further signals waiting
We are waiting very much for further signals on economic development before coming to yet another way (on rates).
although clear contrast difficult economy emergence euro evidence itself united
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,
area basis current ensure euro information maintain medium monetary policy price stability stance
On the basis of the information available, the current stance of monetary policy is appropriate to ensure that the euro area will be able to maintain price stability over the medium term,
policy
Our policy is to be as transparent and as predictable as possible,
answer asked wish
I wish you had not asked me that question, the answer is no.
consumer declines effect expected given investors negative pace prices recent recovery sharp stock
Given that the expected pace of the recovery has been scaled down over recent months, sharp declines in stock prices are having a negative effect on consumer and investors confidence,
advised best continues euro movements perhaps whatever
Whatever I say, whatever I do, the euro continues its movements so perhaps I am best advised not to say anything,