ECB Monthly Bulletin, February 2007

The European Central Bank published its February 2007 Monthly Bulletin on Thursday 15 February. In the report the ECB said reiterated that it is exercising 'strong vigilance' on inflation risks.

'Strong vigilance remains of the essence so as to ensure that risks to price stability over the medium term do not materialise,' the ECB said in its February monthly bulletin.

The ECB said it will act 'in a firm and timely manner' to ensure that price stability is maintained.

The central bank said recent

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