INSTANT VIEW -Trichet press conference following ECB rate cut

FRANKFURT (Reuters) - Following are comments from analysts on the press conference given by European Central Bank President Jean-Claude Trichet after the bank cut interest rates by 75 bps to 2.50 percent.

ANALYSTS' COMMENTS

Latest comments

RUI CONSTANTINO, ECONOMIST, BANCO SANTANDER, LISBON

"1.0 percent (GDP projection) for 2010 would be basically in line with the consensus, so I wouldn't say it's very aggressive -- their idea is to point to a mild recovery, as lower rates and lower oil prices work though the economy."

"Taking into account inflation in line with their target in 2010, they can act faster and perhaps go further lower than we assumed."

"(They will cut next in) January, by another 50 basis points, to 2.0 percent."

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