Monday, May 26, 2008

Fighting Global Inflation Dynamics

The sky is falling!

"At a press conference in Jerusalem of leading international bankers on Monday, European Central Bank head Jean-Claude Trichet said that financial markets are experiencing an ongoing correction but that the G7 group are concerned over the excessive dollar volatility. He refused however to comment on soaring oil and commodity prices and European inflation but declared there was cause for concern.05/26/08"


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