Wednesday, June 27, 2007

ECB's Wellink Says Rate Tightening Policy Probably Hasn't Come to an End

(Bloomberg) -- European Central Bank council member
Nout Wellink said the bank is likely to continue raising interest
rates to curb inflation in the 13 countries sharing the euro.

``My personal feeling is the tightening has not yet come to
an end,'' Wellink, who also heads the Dutch central bank, told
reporters in Paris today. ``Whether we take steps will depend on
incoming data. If necessary we will take steps.''


Read more at Bloomberg Currencies News

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