Wim Duisenberg
Wim Duisenberg
Willem Frederik "Wim" Duisenberg; 9 July 1935 – 31 July 2005) was a Dutch politician of the Labour Party...
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,
ahead albeit available economic evidence far growth lies months pace period recent robust seen slower somewhat
All available evidence is that a period of robust economic growth -- albeit at a somewhat slower pace than we have seen in recent months -- still lies ahead of us as far as we can see for the foreseeable future,
answer questions recent relating
I'm not going to answer any questions relating to that recent interview,
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,
early events far impact judge
far too early to judge what the events... will have for an impact on medium-term developments.
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.