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Only the rising euro has kept the ecb from hiking, so far.
Highlights
| ECB’s Trichet Sees ‘Less Flattering’ Growth in Second Quarter |
| ECB concern over liquidity scheme |
| Trichet Says No Room to Relax in Inflation Fight |
| ECB’s Mersch Says Current Rates Will Help Curb Inflation |
| French First-Quarter Payrolls Grow at Slowest Pace Since 2006 |
| Germany’s DIW Raises Second-Quarter Growth Forecast |
| ECB’s Constancio Sees Slowing European Growth in Second Quarter |
| Volkswagen, BMW Lead 9.6% Advance in European April Car Sales |
| Almunia Says `External Shocks’ Put `Upside’ Pressure on Prices |
| European Notes Head for Weekly Decline on Outlook for ECB Rates |
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