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Europe Daily Bulletin No. 10466

5 October 2011
Contents Publication in full By article 11 / 31
GENERAL NEWS / (ae) eu/ecb
Jean-Claude Trichet prepares way for rates reduction

Brussels, 04/10/2011 (Agence Europe) - In his final speech to the European Parliament on Tuesday 4 October, European Central Bank (ECB) President Jean-Claude Trichet went some way in preparing for a reduction in key interest rates. He said that the ECB expected real GDP growth in the euro area to be very moderate in the second half of this year. Inflation, he said, was expected to remain above 2% over the coming months and, in 2012, should fall a little, depending on how commodity prices and...

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