The head of the ECB urged to monitor inflationary pressures

Central banks of countries - EU members must be vigilant to inflationary pressures in the euro area, called the head of the European Central Bank President Jean-Claude Trichet in an interview with The Wall Street Journal. He stressed that the ECB should be ready to take the necessary measures if the observed now in the world prices for food, energy and raw materials will increase inflationary expectations among consumers. Highlighting the situation in the euro zone, Trichet said that she did not like the U.S., so that the EU is not applicable to the orientation of core inflation, which does not include the price of food and energy prices. In this regard, the ECB may raise its refinancing rate this year, if it appears that companies and consumers deem inflation at just above 2% of the time. In December, inflation in the euro area has increased from 1,9% in November to 2.2%, for the first two years, exceeding the upper limit of price range in the ECB's 2%. January 13 the head of the ECB has promised that inflation in 2011 will not exceed 2%. According to some economists, but in the next two months, prices will amount to 2,5%. Speaking about the EU economy as a whole, Trichet has traditionally encouraged to increase Antrikrizisny Fund Eurozone and advised countries to monitor its own budget, while not forgetting to monitor the state of affairs of its neighbors. On the materials the Banki.ru