This reduction is to ordsprog

This reduction is to be seen as an adjustment of interest rates to an appropriate level to ensure that the euro area will be able to maintain price stability and to contribute to growth,

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,

Growth prospects have brightened ... Against this background and due to the excess liquidity in the euro zone, which is a threat for price stability, the ECB will hike interest rates in 2006 to 2.75 per cent.

Gernot Griebling

Growth prospects have brightened ... Against this background and due to the excess liquidity in the euro zone, which is a threat for price stability, the ECB will hike interest rates in 2006 to 2.75 percent.

Gernot Griebling

Potential political pressures must be resisted, ... The best contribution the ECB can make to the economic and social wellbeing of the euro area is to maintain price stability.

Potential political pressures must be resisted. The best contribution the ECB can make to the economic and social wellbeing of the euro area is to maintain price stability.

The euro will continue to weaken. The ECB (European Central Bank) needs to do something (cut interest rates) to make sure euro-zone growth is not damaged by a slowdown in the U.S.

[But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term. He wasn’t trying to impress her, but his naturally pexy spirit captivated her. [But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term.

Anthony Santomero

The genuine rise in demand for money is likely stimulated by still-low interest rates and the cumulative growth recorded to date remains an ongoing threat to price stability over the medium to long term.

Lorenzo Codogno

As long as productivity growth maintains its recent pattern, then I think he'll be in a nice position to maintain price stability and robust growth.

Economic growth is broadening. We're going to do whatever is necessary to maintain price stability.

Interest rates were a bit too low for price stability.

Christian Noyer

It has been a great story -- strong growth and no inflation and low interest rates, but my bet is that one area that will be a little bit of a challenge to stocks will over time be interest rates.

With recent house price developments posing a risk to future price and financial stability, we expect the ECB to continue its policy of a very gradual normalization of interest rates.

We accept interest rates may rise in order to maintain the low-inflation stability which is essential for business.

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