Wim Duisenberg
Wim Duisenberg
Willem Frederik "Wim" Duisenberg; 9 July 1935 – 31 July 2005) was a Dutch politician of the Labour Party...
early events far impact judge
far too early to judge what the events... will have for an impact on medium-term developments.
rates situation
We will set rates as the situation requires.
colleague speak suggestion
And the suggestion from a colleague was that we do not speak about intervention,
assured based citizens european future price stability strength strong
European citizens can be assured that the future of the euro is that of a strong currency, based on price stability and the strength of the European economy,
assuming currently japan manages overcome
assuming Japan manages to overcome - and I think it will - the difficulties it is currently facing.
environment excess given less pressure risk subdued translate
At this juncture, there is less risk that excess liquidity will translate into inflationary pressure given the environment of subdued demand,
activity economic euro inside outside strength uncertain
Consequently, the strength in the upturn in economic activity has become more uncertain inside and outside the euro area.
coming economic further signals waiting
We are waiting very much for further signals on economic development before coming to yet another way (on rates).
direction growth loans point private sector seems trend
The trend in the growth of loans to the private sector also seems to point in this direction.
answer asked wish
I wish you had not asked me that question, the answer is no.
bias confirmed few found last markets since slightly tone view
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.
employment market
Wages, import prices, bottlenecks in shortages in the employment market
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,
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,