Wednesday, January 28, 2009

ECB could pause next meeting: US Dollar is welcome to fall further. DXY, GDX, AUY, SLW, TNR.v, CZX.v, SST.v, OK.v, MGN.

Trichet Says ECB’s Next Important Rate Meeting Is in March
By Simone Meier
Jan. 28 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said the bank’s next important meeting is in March, suggesting it won’t cut interest rates next week.
“I said that the next important rendez-vous is in March,” Trichet told Bloomberg Television in an interview in Davos, Switzerland, today. “In March we’ll have a lot of new information, we’ll have our own staff projections,” he said.
To contact the reporter on this story: Simone Meier in Frankfurt at Last Updated: January 28, 2009 11:50 EST
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