Trichet sees upside inflation risks, downside growth risks

Discussion in 'Economics' started by ASusilovic, May 8, 2008.

  1. Again, if he so much as even hinted to a rate cut, that would cause the dollar to strengthen and (in theory) commodities to weaken. This would in turn lower his inflationary pressures going forward.

    By talking up rates, he only reinforces inflation that he so loathes.