The euro climbed sharply after the European Central Bank warned that inflation risks were gaining momentum and that “strong vigilance” was warranted – a phrase often used in the past as a signal that interest rates would be raised at the next meeting.
Although the central bank left its main policy rate at 1 per cent, Jean-Claude Trichet, ECB president, said at the subsequent press conference that inflationary pressures had increased over the past month.
He added: “Strong vigilance is warranted with a view to containing upside risks to price stability.”
您已閱讀36%（556字），剩余64%（985字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。