In response to a question, Trichet says inflation concern has gone from "upside risk" to...

|By:, SA News Editor

In response to a question, Trichet says inflation concern has gone from "upside risk" to "balanced," and the growth outlook has gone from "balanced" to "downside risk." It's about as clear a signal as you'll get that the bank has rate cuts on its mind. Euro down to $1.3950.