May 9, 2011 Reading Time: < 1 minute

“European Central Bank President Jean- Claude Trichet said the world’s central bankers are united in fighting inflation fueled by surging commodity prices and fast- growing emerging economies.

“There is a solid unity of purpose of all central bankers concentrated on solidly anchoring inflation expectations,” Trichet said today in Basel, Switzerland, after chairing the Global Economy Meeting. The global economic recovery has been “confirmed” and there is “potential for real overheating in emerging countries,” Trichet said.” Read more.

“Trichet Says Global Central Bankers Are United in Fighting Against Inflation”
Jana Randow and Scott Hamilton
Bloomberg, May 9, 2011.

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