Hurley says ECB not pre-committed on interest rates
DUBLIN (Reuters) - The European Central Bank will make all future interest rate decisions on the basis of new data, governing council member John Hurley said on Thursday.
"After the decision, there is no bias in the governing council's position -- all decisions in the future will be on the basis of new data. There is no pre-commitment, no ex-ante decision. I think that has been made clear."
"I think it is very important that inflation expectations would continue to remain anchored," Hurley told reporters after the Irish central bank published its annual report.
(Reporting by Jonathan Saul)
© Thomson Reuters 2009 All rights reserved.
Bolton bets on China
Top-performing fund manager Anthony Bolton says he plans to return to managing money next year, with a focus on the increasingly important Chinese market. Full Article

UK
US